June 10, 2026

Netflix deal

Netflix deal: Paramount Skydance sues Warner Bros Discovery; seeks disclosure on $82.7 billion deal

Netflix deal: Paramount Skydance sues Warner Bros Discovery; seeks disclosure on $82.7 billion deal

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Paramount Skydance on Monday sued Warner Bros Discovery seeking greater disclosure on its proposed $82.7 billion deal with Netflix, escalating a high-stakes battle for control of one of Hollywood’s most storied media groups.The David Ellison-led company also said it plans to nominate directors to the Warner Bros Discovery board and prepare a proxy contest, marking…

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Warner Bros-Netflix deal: Company rejects Paramount takeover bid; backs $72-bn Netflix deal for studio and streaming business

Warner Bros-Netflix deal: Company rejects Paramount takeover bid; backs $72-bn Netflix deal for studio and streaming business

admin02 mins

Warner Bros. Discovery has once again turned down a takeover offer from Paramount, telling shareholders that the rival bid does not serve their interests and reiterating its recommendation to support a proposed $72 billion transaction with Netflix.In a statement on Wednesday, the company said its board had reviewed Paramount’s latest proposal and concluded that it…

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