Paramount Skydance

• Paramount sues in hostile bid to buy Warner Bros Discover - Paramount Skydance said Monday that it filed a lawsuit against Warner Brothers Discovery (WBD) as it presses an unwelcomed bid to buy the CNN-parent company.The Netflix offer favored by the board does not include buying WBD television prope
• Paramount's next target in hostile takeover bid of Warner Bros. is a board of its own making - Paramount Skydance is taking another step in its hostile takeover bid of Warner Bros. Discovery, saying Monday that it will name its own slate of directors before the next shareholder meeting of the Hollywood studio. Paramount also filed a
• Paramount's new offer for Warner Bros is not sufficient, major investor says - Paramount Skydance's latest offer to buy Warner Bros Discovery still is not good enough for prominent shareholder Harris Oakmark, the investor told Reuters on Friday. Warner Bros' fifth largest shareholder, owning 96 ​million shares or abo
• Paramount launches hostile bid for Warner Bros. Discovery - Paramount said Monday it is making a bid to acquire Warner Bros. Discovery, swooping in just days after Netflix announced a $83 billion deal to purchase a large part of the media giant.Warner Bros. Discovery shareholders would be offered $3
• Netflix’s Biggest Wall Street Backer Downgrades It on Fear That Warner Deal Exposes Weakness to YouTube and TikTok Threat - Downgrading his rating on Netflix shares from "buy" to "hold," Pivotal Research Group analyst Jeff Wlodarczak says the megadeal reflects its concern that short-form is "is doing to streaming what streaming has done to traditional TV."
• READ: Paramount Accuses Warner Bros of Rigging Sale Process for Netflix in Scathing Letter - Paramount warned the media giant that it appeared to have “abandoned the semblance" of a "fair" bidding process in pursuit of a predetermined outcome.