Paramount’s Takeover Bid for Warner Bros. Discovery Rejected: A Hollywood Power Play Unfolds
The race to reshape Hollywood’s streaming landscape just got more dramatic. Warner Bros Discovery (WBD), the media giant behind HBO, CNN, and Warner Bros. Entertainment, has rejected a takeover offer from David Ellison’s Paramount Skydance valued at roughly $20 per share, calling it “too low,” according to Bloomberg News. Warner Bros Discovery’s stock closed at … Continue reading Paramount’s Takeover Bid for Warner Bros. Discovery Rejected: A Hollywood Power Play Unfolds
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