Paramount launches hostile bid for Warner Bros. Discovery
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Warner Bros.' "crown-jewel IP portfolio" is suddenly everything that everyone in Hollywood wants—except Comcast.
Paramount launched an all-cash tender offer Monday to acquire Warner Bros. Discovery for $30 per share, challenging a previously announced deal between WBD and Netflix. The hostile offer sets up a furious battle between Paramount -- whose owner Larry ...
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Paramount embarks on hostile takeover attempt of WBD
Netflix still has a fight on its hands with Paramount, which does not want to give up its pursuit of WBD’s assets just yet. Lest anyone thought that Paramount Skydance would simply accept Warner Bros.