Paramount's new offer for Warner Bros is not sufficient, major investor says - Paramount Skydance's latest offer to buy Warner Bros Discovery still is not good enough for prominent shareholder Harris Oakmark, the investor told Reuters on Friday. Warner Bros' fifth largest shareholder, owning 96 million shares or abo
Netflix CEOs Promise 'No Studio Closures' in WBD Bid - Netflix co-CEOs Greg Peters and Ted Sarandos said the company's bid for Warner Bros. Discovery Inc. will result in "no overlap or studio closures." Peters and Sarandos said they were committed to releasing Warner Bros. movies in theaters an
Paramount launches hostile bid for Warner Bros. Discovery - Paramount said Monday it is making a bid to acquire Warner Bros. Discovery, swooping in just days after Netflix announced a $83 billion deal to purchase a large part of the media giant.Warner Bros. Discovery shareholders would be offered $3