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  5. WBD once again rejects Paramount offer in favor of Netflix deal - CNBC
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WBD once again rejects Paramount offer in favor of Netflix deal - CNBC

Warner Bros. Discovery's board still sees its deal with Netflix as the superior option over Paramount's recently amended hostile offer.

By:Lillian Rizzo
Source:CNBC
Published:January 7, 2026
WBD once again rejects Paramount offer in favor of Netflix deal - CNBC
The Warner Bros. Discovery board on Wednesday once again unanimously recommended that WBD shareholders reject a hostile takeover offer from Paramount Skydance. The board said it continued to believ… [+2911 chars]

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