Published by Global Banking & Finance Review®
Posted on October 21, 2025
1 min readLast updated: January 21, 2026
Warner Bros Discovery rejected a nearly $60 billion buyout offer from Paramount Skydance, affecting its film and TV studios, CNN, and HBO Max.
By Dawn Chmielewski
(Reuters) -The Warner Bros Discovery board on Tuesday morning rejected a Paramount Skydance offer of nearly $24 per share to buy the company, a source familiar with the matter said.
The mostly cash offer for the Warner Bros film and television studios, cable networks including CNN, and the HBO Max streaming service is valued at slightly less than $60 billion.
Neither Warner Bros Discovery nor Paramount would comment on the offer.
(Reporting by Dawn Chmielewski in Los Angeles; Editing by Leslie Adler)
A corporate bond is a debt security issued by a corporation to raise funds. Investors receive periodic interest payments and the principal amount at maturity.
A merger is a business combination where two companies join to form a single entity, often to enhance competitiveness or market share.
Financial markets are platforms where buyers and sellers trade financial assets such as stocks, bonds, and currencies, facilitating capital flow and investment.
Capital markets are financial markets where long-term debt or equity-backed securities are bought and sold, enabling companies to raise funds for growth.
Explore more articles in the Headlines category
