Warner Bros Discovery Considers New Sale Talks After Paramount Offer

Warner Bros Discovery's board is weighing new sale talks following a fresh offer from Paramount, which could potentially ignite a bidding war involving Netflix. The company is evaluating its strategic options.

16 Feb, 09:57 — 16 Feb, 09:57

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The Guardian16 Feb, 09:57

Warner Bros Discovery weighs new sale talks after fresh Paramount offer

Board considering whether to re-engage in move that could prompt a second bidding war with Netflix Business live – latest updates Warner Bros Discovery (WBD) is reportedly weighing reopening sales talks with Paramount Skydance, in a move that could spark a fresh bidding war with Netflix for the Hollywood film and TV company. Members of the board of WBD are discussing whether to re-engage with Paramount, which is pursuing a hostile $108.4bn (£76.8bn) cash takeover directly with shareholders in a bid to derail an agreed deal with Netflix, according to Bloomberg. Continue reading...

By Mark Sweney

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