Warner Bros. Discovery rejects Paramount's $108 billion bid
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The visit came on the same day that WBD's board officially rejected Paramount Skydance's hostile bid for the company.
Soo Kim, founder of New York hedge fund Standard General, has been in talks over potentially buying or investing in the Warner Bros Discovery television networks, the Financial Times reported on Thursday.
Earlier this month, Netflix announced its planned acquisition of Warner Bros for nearly $83 billion - a move that sent shockwaves through the entertainment industry. “Our mission has always been to entertain the world,
Warner Bros Discovery rejected Paramount Skydance's $108.4 billion hostile takeover bid and kept Netflix's offer. Users noticed changes on Netflix's homepage. Deets here!, Hollywood, Times Now
Netflix has made waves in entertainment with its deal to acquire Warner Bros. The streaming giant announced on December 5 that it had reached an agreement to purchase Warner Bros.