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Paramount Launching Hostile Takeover Of Warner/Discovery For $108 B
Paramount Skydance has announced a hostile takeover of Warner Bros/Discovery in response to the offer last week from Netflix. More from Deadline..Paramount Launches Hostile Takeover Bid For Warner Bros. Discovery
Last edited by paterson1 (December 8, 2025 11:11 am)
- DeepTracks
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Re: Paramount Launching Hostile Takeover Of Warner/Discovery For $108 B
And here's notice I just received....
Last edited by DeepTracks (December 10, 2025 1:37 pm)
- RadioActive
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Re: Paramount Launching Hostile Takeover Of Warner/Discovery For $108 B
And in typical Rogers fashion, they tell you to click on a link to see what's coming in Jan. 2026, when the service is discontinued.
"Beginning January 14, 2026, a new discovery+ service provided by Rogers will be available with a new website and app. For more info, go to discoveryplus.ca/comingsoon."
And here's what you see when you click that link. Seems only appropriate.
- TomTV
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Re: Paramount Launching Hostile Takeover Of Warner/Discovery For $108 B
Yesterday's CTV Toronto noon newscast mentioned that Trump's son-in-law, Jared Kushner, is part of the Paramount hostile takeover bid to purchase Warner Brothers.
Obviously with the current US administration deciding whether any merger can happen or not, Paramount teaming up with Trump's son-in-law is going to give them a huge, if completely unfair, edge over Netflix.
Trump is also friends with Larry Ellison, the father of Paramount-SkyDance chair and CEO, David Ellison.
- TomTV
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Re: Paramount Launching Hostile Takeover Of Warner/Discovery For $108 B
Warner execs are urging shareholders not to take the Paramount deal, choose Netflix instead:
Warner Bros favours Netflix offer over $108bn Paramount bid
In a lengthy legal filing, Warner Bros Discovery's board said the offer from Paramount poses numerous and significant risks, and strongly rejects the idea that the Ellison family - one of America's richest - is financially supporting the bid.Paramount is backed by the billionaire Ellison family, which has close ties to the president.In a reflection of where power now lies in the entertainment industry, the Warner Bros board says the offer from streaming giant Netflix is well financed and offers better long term value to shareholders.
Last edited by TomTV (December 17, 2025 10:56 pm)
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Re: Paramount Launching Hostile Takeover Of Warner/Discovery For $108 B
TomTV wrote:
Warner execs are urging shareholders not to take the Paramount deal, choose Netflix instead:
Warner Bros favours Netflix offer over $108bn Paramount bidIn a lengthy legal filing, Warner Bros Discovery's board said the offer from Paramount poses numerous and significant risks, and strongly rejects the idea that the Ellison family - one of America's richest - is financially supporting the bid.Paramount is backed by the billionaire Ellison family, which has close ties to the president.In a reflection of where power now lies in the entertainment industry, the Warner Bros board says the offer from streaming giant Netflix is well financed and offers better long term value to shareholders.
And now, just under a month later, they've reaffirmed that advice.
"Warner Bros. Discovery said Wednesday that its board determined Paramount’s offer is not in the best interests of the company or its shareholders. It again recommended shareholders support the Netflix deal."
Warner Bros rejects Paramount takeover again and tells shareholders to stick with Netflix bid