Warner Bros. Will Reject Paramount Bid Over Netflix Deal As WBD Raises Concerns Over Financing

Warner Bros. Discovery is considering its options regarding a potential bid from Paramount. Following Netflix’s announcement of their interest in acquiring Warner Bros. for over $82 billion, Paramount made a higher offer of $108.4 billion. However, it appears this larger offer may not be enough to secure a deal.

A recent report from Bloomberg indicates Warner Bros. Discovery is likely to pass on a potential deal with Paramount, citing concerns about financing and the conditions of the offer. Sources close to the situation told Bloomberg that the company’s board reviewed the Paramount proposal but currently favors an offer from Netflix.

Developing…

Read More

2025-12-17 00:37