Warner Bros. execs rejects Paramount's bid, urges stakeholders to do the same [Yahoo! Finance]
Warner Bros. Discovery, Inc. - Series A (WBD)
Company Research
Source: Yahoo! Finance
The board claimed the deal with the streamer was better for customers. “Following a careful evaluation of Paramount's recently launched tender offer, the Board concluded that the offer's value is inadequate, with significant risks and costs imposed on our shareholders,” said Samuel A. Di Piazza, Jr., chair of the Warner Bros. Discovery board of directors, in a statement obtained by The Hollywood Reporter . “This offer once again fails to address key concerns that we have consistently communicated to Paramount throughout our extensive engagement and review of their six previous proposals. We are confident that our merger with Netflix represents superior, more certain value for our shareholders and we look forward to delivering on the compelling benefits of our combination.” Warner Bros. is also telling shareholders to reject Paramount's bid, saying that Netflix is better for customers and creators. “Today the Warner Bros. Discovery Board sent a clear message to you, their stockh
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News
- Comcast put a $81B valuation for its media unit when it bid for Warner Bros. - report [Seeking Alpha]Seeking Alpha
- Warner Bros. chose Netflix over Paramount — again. Now what? [CNN]CNN
- Warner Bros. Wants to Take the Netflix Deal—and It Calls Paramount's Offer 'Illusory' [Yahoo! Finance]Yahoo! Finance
- Warner Bros. Discovery Says Unknown ‘American Media Company' Offered Takeover Bid [Forbes]Forbes
- Warner Bros. Discovery rejects Paramount Skydance's hostile bid, saying Netflix's offer is superior [CBS News]CBS News
WBD
Earnings
- 11/6/25 - Miss
WBD
Sec Filings
- 12/17/25 - Form 425
- 12/17/25 - Form 425
- 12/17/25 - Form 425
- WBD's page on the SEC website