Warner Bros. rejects Paramount bid
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Warner Bros likely to reject $108.4 billion Paramount bid, back Netflix in bidding war, sources say
Warner Bros Discovery's board could announce a decision as early as Wednesday on Paramount Skydance's $108.4 billion takeover bid, with the board likely to advise shareholders to vote against the offer,
The merger, announced Friday, would bring two of the industry's biggest players in film and TV under one roof. Beyond its television and motion picture division, Warner owns HBO Max and DC Studios.
Netflix has officially closed on its purchase of a nearly 300-acre property at Fort Monmouth. The streaming company plans to invest almost $1 billion to build its East Coast production studio campus. On the same day, Netflix also announced its intent to ...
The deal to acquire the Hollywood behemoth’s television and film studios as well as HBO Max will bulk up the world’s biggest paid streaming service.
The new deal will bring two of the entertainment industry’s biggest companies in film and television under one roof.