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HomeMOVIESParamount Bids to Acquire Warner Bros., Competing with Netflix

Paramount Bids to Acquire Warner Bros., Competing with Netflix




Rianna is the Movie News Editor for ScreenRant. After earning her BA in Film Studies, she began her career as an entertainment writer, contributing to several publications before joining ScreenRant. Her dissertation on the impact of streaming on traditional cinema sharpened her focus on the ever-evolving world of film and media. With 6 years in the industry, Rianna continues to cover the stories she loves while also advocating for awareness and representation of rare disabilities, such as Moebius Syndrome, which she lives with.

Paramount is attempting to outbid Netflix in a bid to acquire Warner Bros. Discovery Inc. and its associated production properties.

David Ellison’s Paramount Skydance announced today (December 8) that it has a new offer for Warner Bros., which is an all-cash tender offer to acquire all the outstanding shares for $30 per share.

More news to come…



This story originally appeared on Screenrant

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