Home / General / Paramount’s next step in hostile takeover bid of Warner Bros. is naming its own board of directors

Paramount’s next step in hostile takeover bid of Warner Bros. is naming its own board of directors

Warner’s leadership has repeatedly rebuffed overtures from Skydance-owned Paramount — and urged shareholders to back the sale of its streaming and studio business to Netflix for $72 billion.

NEW YORK (AP) — Paramount Skydance is taking another step in its hostile takeover bid of Warner Bros. Discovery, saying Monday that it will name its own slate of directors before the next shareholder meeting of the Hollywood studio.
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Source: PBS News | Published: 2026-01-12T11:23:11Z

Credit: PBS News

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