David Ellison's European Mission: A Bid to Save Warner Bros.

David Ellison is on a mission. He's traveling across Europe, talking to important people in politics and entertainment. His goal? To get support for his big plan to buy Warner Bros. Discovery for a huge amount of money: $108. 4 billion. He's also trying to stop Netflix from making a rival offer. Ellison and his team recently visited Paris. They met with French President Emmanuel Macron and other key figures in the film industry. They also talked to people in Germany and the U. K. This is all part of Ellison's strategy to build support for his bid. Meanwhile, a court in the U. S. rejected Paramount Skydance's attempt to speed up a lawsuit against Warner Bros. Discovery. This lawsuit was about forcing the company to share financial details of its $83 billion deal with Netflix. So, Ellison's bid can continue without any delays.Netflix's co-CEO, Ted Sarandos, was also in France recently. He met with industry players and even talked to Macron. He promised to keep Warner Bros. movies in theaters. But just a few weeks later, rumors started about Netflix's plan to have a very short theatrical window for Warner Bros. movies. During his meetings in France, Ellison made it clear that he's committed to the theatrical experience. He said he wants to keep both studios and maintain a high level of production. Industry sources say they were impressed by his determination and arguments. Some people believe Ellison's efforts to rally support are not in vain. They think the deal with Netflix is facing scrutiny in the U. S. and Europe. They also think Ellison's bid would be a better outcome for the film industry. In France, a 17-day theatrical window would not be possible due to local rules. Netflix has even appealed against these rules.