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Kushner, Gulf money and desperate texts: inside Paramount’s hostile bid for Warner Bros

Ellisons’ approach was rebuffed over concerns about financial backing from China and Middle East sovereign funds

Sensing that the chance to seal a blockbuster deal was slipping away, Paramount chief David Ellison made a last-ditch personal appeal on Thursday afternoon to his Warner Bros Discovery counterpart David Zaslav.

“Daivd [sic], I appreciate you’re underwater today so I wanted to send you a quick text,” he wrote. “Know despite the noise of the last 24 hours I have nothing but respect and admiration for you and the company.

“It would be the honour of a lifetime to be your partner and to be the owner of these iconic assets. If we have the privilege to work together you will see that my father and I are the people you had dinner with.”

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