{"id":383803,"date":"2026-01-01T02:09:11","date_gmt":"2026-01-01T02:09:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/383803\/"},"modified":"2026-01-01T02:09:11","modified_gmt":"2026-01-01T02:09:11","slug":"wbd-to-reject-paramount-takeover-offer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/383803\/","title":{"rendered":"WBD To Reject Paramount Takeover Offer"},"content":{"rendered":"<p>            <a href=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/01\/wbd-to-reject-paramount-takeover-offer.jpg\" data-caption=\"Warner Bros. Pictures\"><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"464\" class=\"entry-thumb td-modal-image\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/01\/wbd-to-reject-paramount-takeover-offer.jpg\" alt=\"\" title=\"wbd-to-reject-paramount-takeover-offer\"\/><\/a>Warner Bros. Pictures<\/p>\n<p>The Warner Bros. Discovery board is reportedly ready to reject Paramount Skydance\u2019s recently amended takeover offer.<\/p>\n<p>The offer was made by David Ellison\u2019s Paramount Skydance on December 22nd with a surprising amount of public fanfare and with the news that David\u2019s father and Oracle co-founder Larry Ellison had made an \u201cirrevocable personal guarantee of $40.4 billion\u201d toward the company\u2019s $108 billion all-cash offer for Warner Bros. Discovery.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-12-30\/warner-bros-plans-to-reject-paramount-offer-next-week\" rel=\"nofollow noopener\" target=\"_blank\">Bloomberg News<\/a> reports that the board will meet next week and vote on a response to Paramount\u2019s offer, which is for the entire WBD business.  Previously, there have been concerns about the sources of Paramount\u2019s financing.<\/p>\n<p>It\u2019s expected the board will reject the amended offer in favour of the existing agreement to merge with Netflix in a deal valued at more than $80 billion for the streaming\/studio part of the business.<\/p>\n<p>Many have been wondering just how far Paramount is willing to go.  Warner Bros. Discovery shares have skyrocketed in the past year after all this, rising more than 170%.<\/p>\n<p>Paramount\u2019s amended offer also pushed up the breakup fee to match Netflix\u2019s $5.8 billion figure, payable to WBD in the event the deal does not clear regulatory review.<\/p>\n<p>Previous article<a href=\"https:\/\/www.darkhorizons.com\/zootopia-2-sets-disney-animation-record\/\" rel=\"nofollow noopener\" target=\"_blank\">\u201cZootopia 2\u201d Sets Disney Animation Record<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Warner Bros. Pictures The Warner Bros. Discovery board is reportedly ready to reject Paramount Skydance\u2019s recently amended takeover&hellip;\n","protected":false},"author":2,"featured_media":383804,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[64,63,142132,134,427],"class_list":["post-383803","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tv","tag-au","tag-australia","tag-bigslider","tag-entertainment","tag-tv"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/383803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=383803"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/383803\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/383804"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=383803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=383803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=383803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}