Watch CBS News

Warner Bros. Discovery rejects Paramount Skydance's hostile bid

Name: Warner Bros. Discovery rejects Paramount Skydance's hostile bid
Uploaded: 2025-12-17T11:16:00-0600
Duration: 41 s
Description: Warner Bros. Discovery on Wednesday urged shareholders to reject Paramount Skydance's $108.4 billion hostile bid, arguing that it created "significant risks and costs" for the company and that Netflix's prior offer provides better value.

Warner Bros. Discovery on Wednesday urged shareholders to reject Paramount Skydance's $108.4 billion hostile bid, arguing that it created "significant risks and costs" for the company and that Netflix's prior offer provides better value.