Puck

Bari Apparent & Politico Animals

David Ellison is poised to acquire Warner Bros. Discovery after Netflix abandoned its bid, positioning the Ellison family as the leading suitor. The prospective takeover, tied to a pending Paramount‑Skydance merger, still requires regulatory clearance. Analysts warn that the deal could trigger extensive newsroom layoffs and marks the third ownership change for the studio in under ten years, while the Ellisons have signaled a move toward more conservative editorial direction.