Hollywood Showdown: Warner Bros Rejects Paramount's Mega Bid in Favor of Netflix
Published on: Jan. 8, 2026, 12:22 a.m. | Source: Devdiscourse
Warner Bros Discovery's board has rejected a $108.4 billion hostile takeover bid from Paramount Skydance due to significant debt concerns and potential risks. Instead, Warner Bros is moving forward with a deal from Netflix. The conflict underscores a significant power struggle in Hollywood's rapidly evolving entertainment landscape.
