12 Oct 2025 | 5 Mins Read

Warner Bros. rejects Paramount takeover bid

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Warner Bros Discovery rejected Paramount's initial takeover bid of around $20 per share, deemed too low, according to people familiar with the matter. Paramount, led by David Ellison, has options including raising the bid or seeking a financial partner, as Warner Bros prepares to split into two businesses next year with a potential $42.3 billion valuation.