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Warner Bros Likely to Reject $108.4 Billion Paramount Bid, Back Netflix in Bidding War, Sources Say

2025-12-08T203105Z_56841423_RC2JCIAD5MV1_RTRMADP_3_WARNER-BROS-DIS-M-A (1)

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Reuters

10:30 JST, December 17, 2025

Dec 16 (Reuters) – Warner Bros Discovery’s WBD.O board could announce a decision as early as Wednesday on Paramount Skydance’s PSKY.O $108.4 billion takeover bid, with the board likely to advise shareholders to vote against the offer, according to sources familiar with the matter.

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