Paramount Skydance has guaranteed the backing of billionaire Larry Ellison in its hostile offer for Warner Bros. Discovery, but has fallen short of upping the amount.
WBD has rebuffed Paramount’s interest in prior offers before and during the official sale process.
WBD has entered into an agreement to sell its streaming and studio business to Netflix. Paramount has been vying to acquire the entirety of WBD, including its pay TV networks.
https://www.cnbc.com/2026/01/07/wbd-rejects-paramount-offer-again-netflix-deal.html
WBD once again rejects Paramount offer in favor of Netflix deal
byu/3xshortURmom instocks
Posted by 3xshortURmom
4 Comments
^ who is this karma farming account and why is he suddenly posting news headlines? What kind of agenda is he pushing? I liked u/Puginator better.
Snip snap snip snap
Anyone else tired of superhero movies?
Isn’t this bad for shareholders? Accepting less money from internet flicks.