Paramounts

Democratic lawmakers push back on Paramount’s potential takeover of Warner Bros. Discovery

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Democratic lawmakers and California’s attorney general expressed deep skepticism about Paramount Skydance’s potential takeover of Warner Bros. Discovery after Netflix abruptly pulled out of the bidding war Thursday, the latest twist in a contentious and politically loaded corporate drama. WBD’s board of directors still needs to formally approve Paramount’s offer, and any deal between the … Read more

Warner Bros. Discovery says Paramount’s offer is ‘superior’ to Netflix deal

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Warner Bros. Discovery’s board said Thursday that Paramount Skydance’s latest offer to acquire the company, including its cable networks, is “superior” to its current deal with Netflix. In a news release, Warner Bros. said it’s alerted Netflix about the decision and that the company will have four business days to respond with a counter. Paramount’s … Read more