WBD Board Rejects Paramount’s $108B Bid, Stands Firm with Netflix Deal
Warner Bros. Discovery’s board has unanimously rejected Paramount Skydance’s revised takeover offer, a significant development in the ongoing saga of the WBD Paramount Deal. This strategic decision, announced by the Warner Bros. Discovery board, reaffirms their commitment to a previously agreed-upon deal with Netflix, marking a pivotal moment in entertainment industry news and for the…