Paramount continues to take its case to Warner Bros. Discovery shareholders after launching a hostile takeover offer to pry the company away from Netflix .

“Dear Warner Bros. Discovery Shareholder,” Paramount CEO David Ellison wrote in an open letter published today, “we are the best stewards not only to build long-term value for the asset but also delight audiences and help cultivate a more vibrant creative community. We funded, founded and then merged Skydance with Paramount and know the sacrifices and investment it takes to capitalize and grow a media business. I am passionate and dedicated to this pursuit, committed to putting my own money in, and that is why I am writing to you today.”

He recapped the last few months that saw Par make six offers to buy WBD, the latest being f

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