Why Paramount is now saying the TV networks it wants to buy from WBD are worth $0.00 per share

Paramount Skydance just said Warner Bros. Discovery's TV assets are worth nothing, even though it wants to buy them.

Paramount lawsuit accuses WBD board of 'misleading' investors, says cable spinoffs have zero value

More details about Paramount's lawsuit against the Warner Bros. Discovery board of directors emerged Monday as TheWrap has obtained a copy of the legal document. The lawsuit was reported on Monday morning and is part of Skydance Paramount CEO David Ellison's plan to launch a proxy battle so his company can acquire Warner Bros.

Paramount says Warner Bros cable channels worth nothing, insists its bid superior to Netflix's

Paramount’s offer “represents the best path forward” for Warner Bros shareholders, Paramount said in a statement on Thursday.
The New York Sun

Embarrassment at CNN as Paramount Says News Network Is ‘Worth $0’ From Debt Pointing to Disastrous Relaunch of MSNBC as ‘MS NOW’

Paramount executives say MS NOW’s parent company, Versant, ‘illustrates the challenged path ahead’ for CNN if the Netflix deal goes through.

Paramount and Netflix bidding war: How much is Warner's cable business really worth?

The multi-billion-dollar war over the legendary media company Warner Bros. Discovery may, unexpectedly, come down to how much the old, dying cable business called Discovery Global is actually worth. Paramount CEO David Ellison argues that Discovery Global -- made up of cable networks like CNN,

Warner Bros. Discovery says over 93% of shareholders have rejected Paramount's inferior scheme in favor of Netflix deal

Warner Bros. Discovery fired back at the latest salvo from David Ellison’s Paramount Skydance, saying that more than 93% of its shareholders have rejected Paramount’s “inferior scheme” in favor of the $83 billion sale of WB to Netflix.
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