Paramount, Warner Bros.
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Paramount Skydance sues Warner Bros over Netflix deal
Warner Bros. announced last week that it would reject Paramount Skydance’s takeover bid in favor of Netflix’s $72 billion offer
Netflix Inc. (NASDAQ:NFLX) is reportedly preparing to revise the terms of its $82.7 billion deal to buy Warner Bros. Discovery (NASDAQ:WBD) to make it an all-cash offer, as it seeks to fend off Paramount Skydance’s (NASDAQ:PSKY) hostile bid.
Paramount Skydance Corp. ratcheted up the stakes in the monthslong battle for Warner Bros. Discovery Inc., saying it plans to nominate directors to the board to thwart a merger with Netflix Inc.
WBD's TNT Sports is still a significant - but now smaller - operation for sports TV and streaming content. Should we factor in existing and potential future sports TV content?