Companies

Show us the math: Paramount sues Warner Bros. over how it determined Netflix’s bid is better

January 12, 2026

Paramount Skydance is intensifying its hostile takeover bid for Warner Bros. Discovery by filing a lawsuit and nominating its own directors to the board. This move is part of a broader strategy to challenge Warner Bros.'s proposed deal with Netflix, which is valued at $82.7 billion, and to demand transparency about the financial aspects of the bidding process.

Show us the math: Paramount sues Warner Bros. over how it determined Netflix’s bid is better

Key Highlights

Paramount filed a lawsuit against Warner Bros. to seek transparency on Netflix's $82.7 billion bid.
Paramount intends to nominate its own directors to the Warner Bros. board.
The actions are part of a hostile takeover attempt by Paramount against Warner Bros. Discovery.
Warner Bros. has been involved in a bidding war with both Paramount and Netflix.
Paramount is urging shareholder approval for any major decisions related to Warner Bros.

Entertainment Business 1 US news Appointments and Executive Changes Mergers, Acquisitions and Divestitures World news Netflix Paramount Pictures Media Warner Bros. Discovery Mergers and acquisitions Warner Bros Television industry Film Netflix Inc Paramount Global Boards of Directors

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Show us the math: Paramount sues Warner Bros. over how it determined Netflix’s bid is better

Key Highlights

Sources

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