Paramount blasts Warner Bros. Discovery as auction nears contentious end [Los Angeles Times (CA)]
Warner Bros. Discovery, Inc. - Series A (WBD)
Company Research
Source: Los Angeles Times
In a scorching letter sent to Warner Bros. Discovery Chief Executive David Zaslav late Wednesday, Paramount's lawyers accused Zaslav's company of not playing fair. “WBD appears to have abandoned the semblance and reality of a fair transaction process, thereby abdicating its duties to stockholders, and embarked on a myopic process with a predetermined outcome that favors a single bidder,” an attorney for Paramount wrote. The bidder is Netflix. Early on, the Larry Ellison-family controlled Paramount appeared to have the best chance to win Warner Bros. Discovery. Paramount launched its campaign to buy the larger media company, which owns HBO and CNN, in September, one month after the Ellisons wrapped up their purchase of Paramount. But Warner Bros. Discovery's board rejected Paramount's overtures, and opened the sale up to other bidders, allowing Netflix and Comcast, which owns NBCUniversal, to jump in. People close to the process said recently the ground seemed to shift benea
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WBD
News
- Film producers lobby Congress against Netflix-Warner Bros Discovery acquisition, Variety reports [Yahoo! Finance Canada]Yahoo! Finance Canada
- These Beloved TV Shows Are Leaving Netflix In December — Watch Them While You Can [Forbes]Forbes
- Paramount believes it has path through Trump admin to get WBD deal approved: Puck's Matt Belloni [CNBC]CNBC
- Paramount fumes that Warner Bros. Discovery sale process is ‘unfair' as Netflix jumps into the lead [Yahoo! Finance]Yahoo! Finance
- Paramount blasts Warner Bros. Discovery as auction nears contentious end [Yahoo! Finance]Yahoo! Finance
WBD
Earnings
- 11/6/25 - Miss
WBD
Sec Filings
- 12/4/25 - Form 144
- 12/3/25 - Form 4
- 12/3/25 - Form 144
- WBD's page on the SEC website