Warner Brothers Discovery Rejects Paramount's Bid, Sticks with Netflix
Update: 2025-12-17
Description
Warner Brothers Discoverys board rejects Paramount Skydances $108.4 billion offer, citing insufficient proof of funding. The board remains committed to the $82.7 billion merger with Netflix, focusing on specific media assets. Paramount Skydances rejected offer aimed for a complete takeover, leaving them to reassess their strategy.
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