Warner Bros. jilts Netflix for Paramount
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As expected, Paramount has made an offer for all of WBD, while Netflix and Comcast are pursuing the movie studio and streaming assets. The race to acquire Warner Bros. Discovery is officially on. The company is on the auction block, and three parties have ...
Netflix and Paramount are locked in an epic tug-of-war for HBO and Warner Bros. — the historic film factory behind Batman, Harry Potter, Scooby-Doo, “Casablanca” and “The Matrix.” Warner Bros. Discovery awarded the prize to Netflix, prompting ...
Warner Bros. Discovery today urged shareholders to reject Paramount’s hostile $108 billion takeover proposal, saying Netflix‘s previously accepted offer remains superior. In a three-page letter, WBD laid out its concerns about a number of aspects of ...
Hollywood's biggest competition this year isn't at the box office, it's in the Warner Bros. Discovery board room. State of play: A trio of Hollywood power players submitted bids to buy all or part of WBD Thursday, launching what is sure to be a dramatic ...