Paramount submits $108.4 billion hostile bid for Warner
Digest more
Paramount dethrones Netflix on streaming top 10
Digest more
Paramount had to make a key change during the process of bidding for Warner Bros Discovery — explicitly promising that its foreign partners and Jared Kushner's fund wouldn't have any voting or governance rights,
The hostile offer may outmuscle Netflix on price, but WBD’s decision hinges on competing futures: a clean reset under Paramount or a deeper strategic alignment with the world’s dominant streamer.
22hon MSN
Dems rip Paramount Skydance’s hostile WBD bid over Saudi- and Kushner-linked funding: report
Reps. Sam Liccardo (D-Calif.) and Ayanna Pressley (D-Mass.) sent letter to board of WBD as well as to Treasury Secretary Scott Bessent on Wednesday.
Warner Bros. Discovery's cable networks like CNN and TBS are not worth as much as the company's deal with Netflix implies, Paramount claims.
Paramount’s hostile bid for Warner Bros. Discovery includes public investment funds of Saudi Arabia, Abu Dhabi and Qatar and Jared Kushner's Affinity Partners.