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Reply to "Paramount Skydance launches hostile bid for WBD ‘to finish what we started,’ CEO Ellison tells CNBC"
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[quote=Anonymous]Finally, some pushback against the control of media. Hopefully the Nextflix deal goes through. The Hill: [u][url=https://thehill.com/homenews/media/5652023-netflix-warner-deal-paramount-bid/]Warner Bros. Discovery [/url][url=https://thehill.com/homenews/media/5652023-netflix-warner-deal-paramount-bid/]preparing to tell[/url] shareholders: Back Netflix deal over Paramount[/u] WBD, the massive media conglomerate that owns HBO, CNN and a number of other top brands in news and entertainment, is preparing to advise its top shareholders to reject a bid from Paramount to buy the company and back a planned deal with Netflix instead. The decision, which was reported by multiple news outlets on Tuesday, comes after Paramount announced a hostile bid to buy the entirety of the Warner Bros. Discovery portfolio, including its linear television assets like TNT Sports and CNN.[/quote]
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