We still support Netflix: Warner Bros rejects Paramount's offer; Gives deadline to revise bid
Warner Bros. Discovery has reportedly rejected Paramount-Skydance's latest takeover bid but has given them seven days to submit a superior offer, potentially allowing Netflix to match it. WBD's board remains committed to the Netflix deal, citing unresolved financing and equity concerns with Paramount's proposal.
Warner Bros. Discovery has reportedly rejected Paramount-Skydance's latest takeover bid but has given them seven days to submit a superior offer, potentially allowing Netflix to match it. WBD's board remains committed to the Netflix deal, citing unresolved financing and equity concerns with Paramount's proposal.
