When it was announced that Warner Bros. had accepted Netflix’s bid and would be buying the century old studio, we though that question had been answered, and the bidding war for WB was over. However, that’s proven to be anything but the case, as Paramount has not given up on the possibility of winning the studio. First it launched a hostile takeover bid, and now its filed a lawsuit.
According to Variey, this morning Paramount Skydance filed a lawsuit in Delaware court asking that Warner Bros. make public financial details of its decision to accept an $83 billion deal with Netflix. This comes after the board of Warner Bros. rejected Paramount’s $30 per share offer for the entirety of Warner Bros. Discovery.
