Warner Bros Discovery Board Rejects Rival Bid From Paramount
Warner Bros Discovery’s board spurned Paramount Skydance’s $108.4 billion hostile takeover bid on Wednesday, calling the offer “illusory” as it accused the studio giant of misleading shareholders about its financing. From a report: Paramount has been in a race with Netflix to win control of Warner Bros, and with it, its prized film and televisio … ⌘ Read more