Warner Bros, Movie and Cinema
Digest more
Warner Bros. Discovery's board has unanimously turned down Paramount Skydance's latest attempt to acquire the studio.
Warner Bros. again rejected a takeover bid from Paramount and told shareholders Wednesday to stick with a rival offer from Netflix.
NEW YORK (AP) — Warner Bros. Discovery is recommending its shareholders reject an unsolicited buyout offer from Paramount Skydance in favor of a rival bid from Netflix it said will better serve their interests and the entertainment company’s audiences.
Warner Bros. and Netflix — the streamer that intends to gobble up the legacy film company — led nominations among studios for the film and TV sides, respectively, at the 2026 Actor Awards (fka the Screen Actors Guild Awards).