Netflix, Paramount
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Paramount Skydance reiterated that its $108.4 billion bid for Warner Bros Discovery was superior to rival Netflix on Thursday, adding that the value of the cable spinoff central to the Netflix offer is effectively worthless.
Pentwater Capital Management, the seventh largest shareholder in Warner Bros Discovery, sent a letter to the board on Monday. The letter says the board has not
The trade association representing theater owners warned a congressional committee that the acquisition of Warner Bros. Discovery by either Netflix or Paramount will have a negative impact on their business.