Description

Paramount Skydance lawsuit dismissed — A Delaware Chancery Court judge threw out Paramount's lawsuit against Warner Bros. Discovery in just three days. But the legal battle was never the real strategy.

In this episode of The Option, we break down:

• Why Paramount Skydance filed suit against WBD demanding financial transparency on the Netflix acquisition
• How Judge Morgan Zurn's dismissal ruling exposes Paramount's true M&A strategy
• The proxy fight brewing for WBD's 2026 shareholder meeting
• What Larry Ellison's $40 billion personal guarantee signals to institutional investors
• How ISS and Glass Lewis proxy advisory recommendations could reshape the Netflix-WBD deal

Key takeaway: Paramount lost the lawsuit, but they're winning the war of attrition—and that was always the point.

The Option is a daily podcast covering Hollywood business news, media M&A, streaming economics, and entertainment industry analysis. New episodes weekdays at 6 AM PT.

Keywords: Paramount Skydance lawsuit, Warner Bros Discovery acquisition, Netflix WBD merger, Delaware Chancery Court, media M&A 2026, Hollywood business news, proxy fight, Larry Ellison entertainment investment