Source: France 24 [French state media]
“Warner Bros Discovery on Wednesday rejected a hostile takeover bid by Paramount launched last week to trump plans by streaming giant Netflix to acquire the Hollywood giant and owner of CNN. In a statement, Warner Bros said the terms of the Netflix merger were better, while the Paramount offer ‘once again fails to address key concerns that we have consistently communicated … throughout our extensive engagement and review of their six previous proposals.'” (12/17/25)