Home Business Not so fast, Netflix. Paramount launches hostile bid for Warner Bros. Discovery

Not so fast, Netflix. Paramount launches hostile bid for Warner Bros. Discovery

by admin

Paramount, led by CEO David Ellison, has launched a hostile takeover bid for Warner Bros. after it agreed to sell its film and television studio properties to Netflix.

Paramount has launched a hostile bid for the company that's home to Casablanca, Batman and CNN. Just Friday, Netflix and Warner Brothers executives were celebrating a deal they had struck.

(Image credit: Evan Agostini/Evan Agostini/Invision/AP)

Original Article

You may also like

Leave a Comment

two + seventeen =