A history of Warner Bros Discovery as it rebuffs Paramount's revised bid despite Ellison's backing | Hindustan Times
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Fri, Jan 09, 2026
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A history of Warner Bros Discovery as it rebuffs Paramount's revised bid despite Ellison's backing

A history of Warner Bros Discovery as it rebuffs Paramount's revised bid despite Ellison's backing

Warner Bros Discovery's board has unanimously rejected Paramount Skydance's revised hostile bid of $108.4 billion, even with a $40.4 billion financing guarantee from Oracle co-founder Larry Ellison. This decision follows a series of buyout offers and negotiations, underscoring the ongoing competition for Warner's storied assets, which include its film and TV studio and extensive content library.

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