David Ellison is taking his case directly to the WBD shareholders. David Zaslav doesn’t seem to be listening any longer.

On Wednesday, Ellison sent a lengthy letter to Warner Bros. Discovery stockholders stating the case for why his Paramount Skydance would be the best buyer, not Netflix.

Ellison’s current offer — his seventh — is $30 per share, straight cash.

“Our public offer — identical to the terms we presented to WBD privately — delivers superior value and a faster, more certain path to completion than the transaction announced with Netflix,” the letter reads, in part. “IT IS NOT TOO LATE TO REALIZE THE BENEFITS OF PARAMOUNT’S PROPOSAL IF YOU CHOOSE TO ACT NOW AND TENDER YOUR SHARES.”

The caps and bolding is all Ellison’s.

“Our offer is financially superior to Netflix’s transaction, which provides WBD shareholders with lower value, less cash and significantly less certainty. On its face, Netflix is offering WBD shareholders $23.25 per share in cash, $4.50 in stock and a share in WBD’s Global Networks spin-off,” the letter continues. “In reality, however, the total value is materially lower than advertised.”

Ellison also believes a Paramount acquisition has fewer regulatory hurdles to clear.

A little later, the letter arguably got personal.

“To suggest that we are not “good for the money” (or might commit fraud to try to escape our obligations), as certain reports have speculated, is absurd. That absurdity is underscored by the fact that WBD and its advisors never picked up the phone or typed out a responsive text or email to raise any question or concern or to seek any clarification about either the trust or our equity commitment papers.”

Oh yes, the text messages in which Zaslav left Ellison on “Read.” It’s a whole thing with those two.

Last week, Warner Bros. Discovery accepted a bid by Netflix to acquire its studios and streaming businesses for nearly $83 billion. Ellison was prepared to buy the whole thing at a higher valuation.