The board of Warner Bros Discovery is expected to decide as early as Wednesday on Paramount Skydance’s takeover proposal, according to sources familiar with the matter. The board is likely to advise shareholders to vote against the offer, signaling a preference for an alternative deal. Read More: Netflix to acquire Warner Bros Discovery for $72bn A decision […]
streaming wars
Streaming giant Netflix goes all-in for Warner Bros
Netflix has made headlines by submitting a “mostly cash” bid to acquire media giant Warner Bros, signaling an aggressive push to dominate Hollywood. The offer, part of a critical second round of bids submitted on December 1, could lead to a deal in the coming weeks, sources say. Read More: Netflix announces release date and […]