Warner Bros. Discovery faces a tough fight as its CEO, David Zaslav, battles to save the company from being acquired by rival entertainment giant Paramount. Paramount is backed by billionaire investor Larry Ellison, who is also the father of tech mogul David Ellison. With significant financial backing, Ellison is challenging Zaslav’s leadership and control over Warner Bros. Discovery, putting the future of the media company at stake.
Source: https://www.wsj.com/business/media/david-zaslavs-future-hangs-in-balance-as-warner-goes-up-for-sale-c9b38cff