Warner Bros. Discovery rejects Paramount bid
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The visit came on the same day that WBD's board officially rejected Paramount Skydance's hostile bid for the company.
Jared Kushner’s Affinity Partners has withdrawn from the $108B hostile bid for Warner Bros. Discovery, citing changing investment dynamics
We haven’t prioritized theatrical in the past because that wasn’t our business at Netflix. When this deal closes, we will be in that business.”
The streamer's co-CEO made a surprise appearance at a Tuesday night event in Paris, organized by Canal+ Group.
Netflix Co-CEOs Greg Peters and Ted Sarandos call their pending $83B acquisition of Warner Bros. "a win for the entertainment business."
Hollywood has unleashed a wave of fear that the Netflix acquisition of Warner Bros will further erode the struggling movie business