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

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Why This Matters

Warner Bros. Discovery shares are likely to see a positive impact as over 93% of its shareholders reject Paramount's bid, potentially increasing the chances of a sale to Netflix or other alternatives.

Market Impact

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

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Paramount Skydance again extended its tender offer for Warner Bros. Discovery shares and said it would ask investors to vote against a proposed sale to Netflix at a special meeting of Warner Bros. shareholders. Warner Bros. Discovery says more than 93% of its shareholders are rejecting Paramount’s offer, according to a statement. Bloomberg's Chris Palmeri discussed the story on "Bloomberg Markets" with Scarlet Fu. (Source: Bloomberg)

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Original article published by Bloomberg on January 22, 2026.
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