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TechRadar
TechRadar
Hamish Hector

Warner Bros. rejects Paramount deal, but the Netflix merger drama is only just beginning

Paramount Netflix WBD United States David Ellison Donald Trump Ellisons Larry Ellison Jared Kushner TechRadar
Mortal Kombat.
  • Warner Brothers Discovery just rejected Paramount's buyout offer
  • The WBD board favors the Netflix deal
  • Don't expect a closed deal any time soon

Last week, it looked like Paramount might swoop in to steal Warner Bros. Discovery from Netflix with a hostile takeover bid that trumped the streaming giant’s offer, but now it seems WBD is sticking by its Stranger Things paramour.

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