Warner Brothers Discovery Faces Hostile Takeover Bid
Update: 2025-12-08
Description
Warner Brothers Discovery faces a potential hostile takeover from Paramount Skydance, offering $30 per share, while already committed to a $72 billion deal with Netflix. The board is reviewing the proposal, backed by Arab sovereign wealth funds and Jared Kushners Affinity Partners. The ten-day deadline looms, promising a significant shift in the entertainment industry.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
