The bid by Paramount, which is controlled by the family of billionaire Larry Ellison, has many of the features of hostile corporate bids of the past. What the pursuers typically bring to the table are boatloads of money, typically well into the billions, and ego.

Warner Bros. Discovery is officially on the block, disclosing that it has received interest from “multiple parties” to acquire all or part of the company and that its board is reviewing various options. WBD didn’t say so, but David Ellison’s ...

The Oracle co-founder has pledged billions to finance Paramount’s takeover bid for Warner Bros. Discovery — which has questions about his commitment.