12/17/2025
And just like that.... Netflix is officially set to be the new home of WB.
The board of Warner Bros. Discovery officially rejected David Ellison‘s $30 per share hostile bid for the company, telling shareholders that it remains “inferior” to the Netflix deal, and carries “numerous significant risks and costs on WBD.” https://www.hollywoodreporter.com/business/business-news/warner-bros-rejects-paramount-hostile-offer-bidding-war-1236446771/