Paramount Skydance Corp. said it plans to nominate directors to Warner Bros. Discovery Inc.’s board to vote against the approval of a merger with Netflix Inc. and has filed a suit to force Warner Bros. to disclose information to help shareholders make an informed decision.
In a letter sent to Warner Bros. investors on Monday, Paramount said it’s sticking to its offer of $30 a share and encouraged shareholders to tender their shares.
“We are committed to seeing our tender offer through,” the letter said. “We understand, however, that unless the WBD board of directors decides to exercise its right to engage with us under the Netflix merger agreement this will likely come down to your vote at a shareholder meeting.” It’s unclear whether that vote will be at Warner Bros. upcoming annual meeting or a separate special meeting.
This whole thing is catty as hell. Throw wigs and makeup on these guys and you’ll have *ratings.*
Sc0825 on
They really can’t take “no” for an answer huh?
randumbnumbers on
If my one share of WBD makes a difference, then they can fucking choke on it. I’m never selling/voting for them. Netflix are not angels, but fuck the Ellison and fuck paramount
brianlefebvrejr on
Reminds me of when Peltz tried going all in to get his way at Disney
Adavanter_MKI on
So tired of people just abusing their power. I have money, I have friends and government… I’m just going to plow through whatever I want regardless of what anyone else wants! Wooo!
Screw Paramount. I hope the entire thing collapses and they’re sold off for parts one day.
knowmansland on
Seems a little like rape
LostSharpieCap on
No means no, bro. Jesus…
FlaviusVespasian on
Larry and David Ellison can suck a dick
govtmuleman on
Trump’s really on their ass to get WBD.
PESSIMISTIC_P4STA on
Netflix will make a special about this
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*Molly Schuetz for Bloomberg News*
Paramount Skydance Corp. said it plans to nominate directors to Warner Bros. Discovery Inc.’s board to vote against the approval of a merger with Netflix Inc. and has filed a suit to force Warner Bros. to disclose information to help shareholders make an informed decision.
In a letter sent to Warner Bros. investors on Monday, Paramount said it’s sticking to its offer of $30 a share and encouraged shareholders to tender their shares.
“We are committed to seeing our tender offer through,” the letter said. “We understand, however, that unless the WBD board of directors decides to exercise its right to engage with us under the Netflix merger agreement this will likely come down to your vote at a shareholder meeting.” It’s unclear whether that vote will be at Warner Bros. upcoming annual meeting or a separate special meeting.
[Read the full story here.](https://www.bloomberg.com/news/articles/2026-01-12/paramount-sues-warner-bros-aims-to-nominate-directors-to-board?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc2ODIzMDAwMSwiZXhwIjoxNzY4ODM0ODAxLCJhcnRpY2xlSWQiOiJUOFI4TkdLSkg2VjQwMCIsImJjb25uZWN0SWQiOiJEMzU0MUJFQjhBQUY0QkUwQkFBOUQzNkI3QjlCRjI4OCJ9.qrOqjscQkaZuWp6pVprfcd-ORIn3b6jrNpiuN9omNeg)
This whole thing is catty as hell. Throw wigs and makeup on these guys and you’ll have *ratings.*
They really can’t take “no” for an answer huh?
If my one share of WBD makes a difference, then they can fucking choke on it. I’m never selling/voting for them. Netflix are not angels, but fuck the Ellison and fuck paramount
Reminds me of when Peltz tried going all in to get his way at Disney
So tired of people just abusing their power. I have money, I have friends and government… I’m just going to plow through whatever I want regardless of what anyone else wants! Wooo!
Screw Paramount. I hope the entire thing collapses and they’re sold off for parts one day.
Seems a little like rape
No means no, bro. Jesus…
Larry and David Ellison can suck a dick
Trump’s really on their ass to get WBD.
Netflix will make a special about this