Paramount Skydance launches hostile bid for Warner Bros. Discovery
Let us get to that breaking news regarding Hollywood's hot mess and the battle over Warner Brothers Discovery. That hot mess has gone hostile. This afternoon, 4 and a half hours after Paramount Skyance launched a hostile takeover bid for WBD that's higher than Netflix's offer for the streaming and studio business, Warner Brothers has now responded.In a statement released at 1:30 p. m. Eastern, WBD confirmed receipt of the 18 billion unsolicited tender offer to acquire the entire company and ...