
Paramount sues Warner Bros, launches proxy war to scupper Netflix deal
Published on 12/01/2026 - 17:08 GMT+1 Paramount Skydance has sharply escalated its takeover fight for Warner Bros Discovery, telling shareholders it will nominate directors...
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Discovery board announced late Thursday afternoon that Paramount's sweetened bid to buy the entire company is "superior" to an $83 billion deal it had struck with Netflix for the purchase of its streaming services, studios, and intellectual property. Paramount previously bid for all of Warner — including its cable channels such as CNN, TBS, and Discovery — in a deal valued at $108 billion. Earlier this week, Paramount unveiled a fresh proposal increasing its bid by a dollar a share.

play49ers activate Fred Warner's 21-day window to return (0:50)Nick Wagoner breaks down 49ers' plans for Fred Warner after activating his 21-day window to return. (0:50)Nick WagonerJan 14, 2026, 04:05 PM...

Published on 12/01/2026 - 17:08 GMT+1 Paramount Skydance has sharply escalated its takeover fight for Warner Bros Discovery, telling shareholders it will nominate directors...

Media giants Larry Ellison pledged $40B, but “he didn’t raise the price,” Warner chair says. Credit: Getty Images | Kenneth...

By AP with Euronews Published on 07/01/2026 - 14:21 GMT+1 Warner Bros rejected Paramount’s latest takeover bid on Wednesday, telling...

As Netflix and Paramount continue their battle over Warner Brothers Discovery, we take a look back at the company's history of messy corporate marriages and divorces. JUANA SUMMERS, HOST: The battle...

This week, Warner Bros.' board told shareholders to reject a $108-billion (€92-billion) hostile takeover bid from Paramount Skydance, the studio behind the "Top Gun" and "Mission: Impossible" movies. Instead,...

Warner Bros has formally rejected Paramount's $108 billion hostile bid. MICHEL MARTIN, HOST: There is a new twist in the saga of the movie and cable giant Warner Brothers Discovery. Its board is...