Warner Bros. Discovery, the sprawling entertainment company that owns major media brands like HBO and CNN, said Thursday it now favors a bid made by Paramount to buy the company’s key assets over a previous agreement with streamer Netflix. The company’s board, “following consultation with its independent financial and legal advisors,” said it had found…
Warner Bros. Discovery: Paramount’s hostile bid ‘superior’ to Netflix offer
Warner Bros. Discovery, the sprawling entertainment company that owns major media brands like HBO and CNN, said Thursday it now favors a bid made by Paramount to buy the company’s key assets over a previous agreement with streamer Netflix. The company’s board, “following consultation with its indepe
Last updated: April 4, 2026, 1:51 AM
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