The morning after Netflix clinched its deal to buy Warner Bros., Paramount Skydance Chairman David Ellison assembled a war room of trusted advisors, including his billionaire father, Larry Ellison. Furious at Warner Bros. Then, a week ago, Trump took aim at Netflix board member Susan Rice, a former high-level Obama and Biden administration official. Additionally, Paramount had sowed doubts about Netflix among lawmakers, regulators, Warner investors and ultimately the Warner board. In the final days, David Ellison led an effort to flip Warner board members who had firmly supported Netflix.

Source: Los Angeles Times February 28, 2026 03:42 UTC