From Joseph Pereira@1:103/705 to All on Thursday, December 18, 2025 06:16:19
Warner Bros. Discovery's management is advising shareholders not to accept Paramount's takeover offer. That must be a huge blow to Paramount.
Warner's management had already struck a deal with Netflix and is clearly not thrilled with a potential merger with Paramount, which recently made headlines due to its close ties with the White House under Trump.
Warner Bros. is so popular because the company has a vast archive of series and films.
Paramount doesn't have the funding yet and will have to rely on external financiers. These will likely be some of Trump's wealthy friends.