“We might be getting a new business daddy!,” Oliver quipped at the beginning of Sunday night’s show. “Last Week Tonight” airs on HBO, which sits within Warner Bros. Discovery. Under the announced terms, Paramount plans to buy all outstanding Wbd shares at $31 per share in cash, with the companies saying the deal is expected to close in Q3 2026, subject to regulatory clearances and Wbd shareholder approval.
“Yeah, not great news,” he went on to say. “In fact, if I may quote anyone who’s ever accidentally sat on their Roku remote, I’m in Paramount now…how the f-ck do I get out of here?’”
Netflix on Thursday afternoon formally declined to increase its offer for Warner Bros. after Wbd declared Paramount Skydance’s latest bid a “superior proposal…
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