Warner Bros. Discovery Rejects Paramount’s Latest Offer
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Paramount Skydance is still trying to make its case to Warner Bros. Discovery shareholders that it's the better suitor -- after WBD's board again rejected its latest takeover offer this week.
The major exhibitors' top lobbying group, Cinema United, reiterated its opposition to Congress ahead of a Washington, D.C., hearing on the Netflix acquisition.
Warner Bros. and Netflix — the streamer that intends to gobble up the legacy film company — led nominations among studios for the film and TV sides, respectively, at the 2026 Actor Awards (fka the Screen Actors Guild Awards).
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.