Netflix rejects Paramount’s offer; says it has nothing else other than Oracle founder Ellison’s …
Netflix co-CEO Greg Peters dismissed Paramount Skydance's $108 billion bid for Warner Bros. Discovery as unrealistic, citing its heavy reliance on debt. He contrasted it with Netflix's more stable $82.7 billion all-cash offer, which is gaining traction with shareholders. The potential merger faces significant Hollywood and regulatory scrutiny.
Netflix co-CEO Greg Peters dismissed Paramount Skydance's $108 billion bid for Warner Bros. Discovery as unrealistic, citing its heavy reliance on debt. He contrasted it with Netflix's more stable $82.7 billion all-cash offer, which is gaining traction with shareholders. The potential merger faces significant Hollywood and regulatory scrutiny.
