Warner Bros. Says Over 93% of Its Holders Reject Paramount’s Bid

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Warner Bros. Discovery's shareholders overwhelmingly reject Paramount's bid, with over 93% voting against it, solidifying the company's commitment to its merger agreement with Netflix.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Warner Bros. Discovery says more than 93% of its shareholders are rejecting Paramount’s offer, according to a statement. "Once again, Paramount continues to make the same offer our Board has repeatedly and unanimously rejected in favor of a superior merger agreement with Netflix” Seema Shah, Vice President of Research and Insights at Sensor Tower, joins Bloomberg Intelligence to discuss the ongoing battle for Warner Bros. (Source: Bloomberg)

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Original article published by Bloomberg on January 22, 2026.
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