Paramount raises offer for Warner Bros. Discovery
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Just when you’d begun to accept a future where your favorite Warner Bros. titles would start popping up on Netflix, Paramount has deployed a fresh attempt to take control of the deal. And this time, the price it’s dangling is so high, Warner Bros. has actually decided to entertain the offer.
Mark Ruffalo fired back at James Cameron after the 'Avatar' director said that Netflix buying Warner Bros. Discovery would be 'disastrous.'
As CBS's parent company makes a final play for Warner Bros. Discovery, CBS faces scrutiny over claims it blocked a Stephen Colbert interview while Anderson Cooper stepped down from 60 Minutes.
Warner Bros. Discovery (NASDAQ:WBD) on Tuesday rejected the latest hostile takeover bid from Paramount Skydance (NASDAQ:PSKY), giving the David Ellison-led company until February 23 to submit its "best and final offer.
David Ellison's team will put the government on a time crunch in the event Paramount knocks out Netflix and wins the bidding war for Warner Bros. Discovery.