Warner Bros. rejects Paramount's bid, accuses it of 'consistently misleading' shareholders

France 24Wednesday, December 17, 2025 at 10:00:35 PM
Warner Bros. rejects Paramount's bid, accuses it of 'consistently misleading' shareholders
  • Warner Bros. Discovery has formally rejected a hostile takeover bid from Paramount Skydance, which valued the company at approximately $108.4 billion, citing risks and claiming that the Ellison family misled shareholders regarding guarantees. This rejection follows Warner Bros.' recent agreement with Netflix for an $83 billion acquisition deal.
  • The rejection of Paramount's bid is significant as it underscores Warner Bros.' commitment to its strategic partnership with Netflix, which is seen as a more favorable option compared to the hostile approach from Paramount.
  • This development highlights the intensifying competition in the entertainment industry, with Paramount's aggressive bid reflecting a broader trend of consolidation among major players. The ongoing battle for Warner Bros. Discovery illustrates the shifting dynamics as companies vie for dominance in a rapidly evolving market.
— via World Pulse Now AI Editorial System

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