Warner Bros. Discovery Rejected 3 Paramount Offers
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Calling this latest massive Hollywood merger a disaster "for writers, for consumers, and for competition," the writers' unions pledged to work with regulators to thwart it.
Warner Bros. has been sold and resold over the decades. AT&T gained control in 2018 as part of its $85.4 billion purchase of Time Warner. Discovery, a cable television company, took over in 2022.
Apple is reportedly one of several companies thinking about acquiring the Warner Bros. content library as WBD puts itself up for sale.
Three of the rumored potential buyers for entertainment titan Warner Bros. Discovery are tech companies. Netflix, Amazon, and Apple are all interested in buying Warner Bros. Discovery as a whole or acquiring pieces of the company, like its content libraries and production assets, according to Bloomberg.
Apple is interested in buying Warner Bros. Discovery's extensive back catalog of content for Apple TV, Bloomberg reports. Warner
The Writers Guild of America, which represents screenwriters and newsroom staffers, said it will oppose a deal combining Paramount Skydance Corp. and Warner Bros. Discovery Inc.
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CNN should fire Christiane Amanpour for ‘antisemitic’ comments, says Warner Bros. Discovery investor
James Patterson, a retired foreign service officer and longtime Warner Bros. Discovery stockholder, sent a sharply worded letter to Zaslav on Oct. 20.