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Evening Standard
Evening Standard
Henry Saker-Clark

Warner Bros restarts talks with Paramount Skydance amid takeover battle

Warner Bros Paramount Skydance Paramount Netflix Warner Bros Discovery WBD
Paramount has launched a hostile bid for Warner Bros Discovery in an attempt to derail the firm’s agreed 72 billion dollar (£54 billion) deal with Netflix (Alamy/PA) -

Warner Bros Discovery has said it is reopening takeover talks with Paramount Skydance, giving the studio giant a week to make its “best and final offer”.

Netflix agreed a takeover deal to buy Warner Bros’ studio and streaming business last month but was granted a seven-day waiver to allow the business to hold talks with Paramount Skydance.

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