Categories: Entertainment

UK minister met Paramount CEO Ellison in London on Thursday, source says

LONDON, Jan 16 (Reuters) – British culture minister Lisa Nandy met Paramount SkyDance chief executive David Ellison this week to discuss issues affecting the UK's film and television sector, a source familiar with the matter told Reuters on Friday. The talks, which the source said occurred on Thursday, come as Ellison is steering Paramount through a high-stakes battle for Warner Bros Discovery. The meeting occurred the same day of a U.S. judge's decision rejecting Paramount's bid to fast-track its lawsuit against Warner Bros over disclosures tied to the U.S. studio's planned sale to Netflix. Paramount is trying to persuade Warner Bros shareholders to back its $30-per-share all-cash tender offer instead of Netflix's lower cash-and-stock deal, and has moved to nominate directors to the Warner Bros board to press for negotiations. (Reporting by Alistair Smout, writing by Sam Tabahriti; editing by William James)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

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