Paramount Skydance takes Warner Bros. Discovery to court
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Streaming shakeup: Netflix looks stronger as Warner Bros kills a $161B dealStreaming's latest power shift is not happening on a soundstage but in boardrooms, where Warner Bros Discovery has walked away from a $161 billion courtship and instead embraced Netflix as its preferred future.
Paramount Skydance on Monday doubled down on its hostile bid for Warner Bros. Discovery, amending its $30-per-share all-cash offer to include a massive personal guarantee from Oracle billionaire Larry Ellison. The media company said Ellison has agreed to ...