Paramount launches hostile bid for Warner Bros. Discovery
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Should Paramount succeed in acquiring Warner Bros, the combined studio will release more than 30 theatrical titles a year. This was Paramount CEO David Ellison’s promise during a phone presser following news of the conglom’s hostile takeover bid for Warner Bros Discovery.
Paramount Skydance has launched a hostile takeover bid for Warner Bros. Discovery, in a dramatic new effort that could block Netflix from buying the company.
As companies, executives and politicians fight over the future of legendary movie studio Warner Bros., audiences will be left behind.