Warner Bros. Rejects Paramount Bid
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Following Warner Bros. separation from Discovery, Netflix is set to purchase Warner Bros. for $82.7 billion. The deal will create a massive entertainment conglomerate if approved by regulators.
In this official centennial history of the greatest studio in Hollywood by Mark A. Vieira, unforgettable stars, untold stories and rare images from the Warner Bros vault bring a century of entertainment to vivid life.
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Democratic lawmakers say Paramount bid for Warner raises ‘serious national security concerns’
Congressional Democrats raise national security concerns over Paramount’s hostile Warner Bros. bid, noting Middle Eastern sovereign wealth funds are providing over half the financing. The deal threatens control of CNN, HBO and Warner Bros. studios in Burbank, which shape news and cultural content for millions of Americans.
Netflix Co-CEOs Greg Peters and Ted Sarandos call their pending $83B acquisition of Warner Bros. "a win for the entertainment business."