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Warner Bros. Again Rejects Latest Paramount Hostile Takeover Bid

‘The Board determined that the Netflix merger remains superior to [Paramount’s] amended offer,’ a letter to shareholders reads.
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Warner Bros. Again Rejects Latest Paramount Hostile Takeover Bid
Netflix and Warner Bros. Discovery logos, in this illustration created on Dec. 5, 2025. Dado Ruvic/Reuters
Andrew Moran
|Updated:
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The Warner Bros. Discovery board recommended on Jan. 7 that shareholders reject Paramount Skydance’s hostile takeover bid.

For months, several companies had engaged in a contentious bidding process to buy the entertainment empire, but Netflix prevailed.

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Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."