Warner Bros. Discovery Shuts the Door on Paramount, Backs Netflix Deal

Warner Bros. Discovery has rejected a higher takeover bid from Paramount Skydance, opting instead to pursue negotiations with Netflix.

Dec 18, 2025

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On Wednesday, December 17, WBD’s board turned down a $108 billion (€93 billion) acquisition proposal from Paramount Skydance, the group led by David Ellison. It marks the sixth time Warner has reject…

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