Paramount Skydance launches hostile bid for WBD ‘to finish what we started,’ CEO Ellison tells CNBC

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David Ellison-run Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery.

Paramount will go straight to WBD shareholders with an all-cash, $30 per share offer.

Netflix won a bidding war for the Warner Bros. film studio and HBO Max streaming service, but it doesn’t plan to buy WBD’s TV networks.

Paramount has repeatedly contended keeping Warner Bros. Discovery whole was in the best interest of its shareholders.
Read more at www.cnbc.com

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2025-12-09 06:43 #13 As we all know k #1 
There is nothing better for a society than concentrating the ownership of the media machine into the hands of a few individuals.