Warner Bros Discovery has rejected Paramount Skydance’s latest hostile takeover bid, but has left the door open a crack.
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Warner Bros is reportedly considering reopening sale talks with rival Hollywood studio Paramount Skydance.
Paramount CEO David Ellison is doubling down in his relentless pursuit of Warner Bros Discovery assets.
Netflix has gone all-cash in its Warner Bros bid, escalating pressure on Paramount as a shareholder vote looms.
Warner Bros Discovery has rejected Paramount’s $108-billion bid, citing weak financing assurances and shareholder risk.
Paramount Skydance on Monday launched an audacious bid to snatch Warner Bros Discovery from Netflix.
What started as a fact-finding mission for Netflix culminated in one of the biggest media deals in the last decade.
Netflix is actively exploring a bid for Warner Bros Discovery’s studio and streaming business, sources said.
Groupe Canal+, which is in the throes of acquiring MultiChoice Group, has similar content offerings to DStv in France, its home market – but with one major difference.
Paramount Global, the parent of US broadcaster CBS, will soon be controlled by software billionaire Larry Ellison.