{"id":2202738,"date":"2025-12-17T14:20:33","date_gmt":"2025-12-17T14:20:33","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2202738"},"modified":"2025-12-17T14:20:33","modified_gmt":"2025-12-17T14:20:33","slug":"warner-bros-discovery-rejects-paramount-30-share-acquisition-offer-calling-it-inferior-to-netflix-deal-and-alleging-ellisons-arent-providing-full-backstop","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/warner-bros-discovery-rejects-paramount-30-share-acquisition-offer-calling-it-inferior-to-netflix-deal-and-alleging-ellisons-arent-providing-full-backstop\/","title":{"rendered":"Warner Bros. Discovery Rejects Paramount $30\/Share Acquisition Offer, Calling It \u2018Inferior\u2019 to Netflix Deal and Alleging Ellisons Aren\u2019t Providing \u2018Full Backstop\u2019 for Financing"},"content":{"rendered":"<p><\/p>\n<div role=\"presentation\"><a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0863266\/\">Warner Bros. Discovery<\/a>\u2019s board has formally said \u201cno thanks\u201d to the $108 billion takeover bid from <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/name\/nm1911103\/\">David Ellison<\/a>\u2019s <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co1159016\/\">Paramount Skydance<\/a> and unanimously reiterated its support for the <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0144901\/\">Netflix<\/a> deal.<\/p>\n<p><a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0858764\/\">Paramount<\/a> and <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/name\/nm6213838\/\">Ellison<\/a>\u2019s financial backers, which include his father, tech billionaire <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/name\/nm0255213\/\">Larry Ellison<\/a>, will now evaluate the rejection notice from Wbd\u2019s board of directors \u2014 and then decide whether to make a higher offer.<\/p>\n<p>Warner Bros. Discovery said it remains committed to its megadeal with Netflix, under which the streamer would buy the <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0026840\/\">Warner Bros.<\/a> studios, HBO and <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0754095\/\">HBO Max<\/a> for $27.75\/share. That would take place after Wbd\u2019s&#8230;<\/p>\n<\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source www.imdb.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Warner Bros. Discovery\u2019s board has formally said \u201cno thanks\u201d to the $108 billion takeover bid from David Ellison\u2019s Paramount Skydance and unanimously reiterated its support for the Netflix deal. Paramount and Ellison\u2019s financial backers, which include his father, tech billionaire Larry Ellison, will now evaluate the rejection notice from Wbd\u2019s board of directors \u2014 and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2202739,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25177],"tags":[25538,31714,21751,22556,21993,22860,21912,21738,24141,22205,21913],"class_list":["post-2202738","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-celebrities","tag-actors","tag-actresses","tag-celebrities","tag-directors","tag-films","tag-hollywood","tag-movies","tag-news","tag-stars","tag-television","tag-tv"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/12\/Warner-Bros-Discovery-Rejects-Paramount-30Share-Acquisition-Offer-Calling-It.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2202738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2202738"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2202738\/revisions"}],"predecessor-version":[{"id":2202740,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2202738\/revisions\/2202740"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2202739"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2202738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2202738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2202738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}