Warner Brothers’ 5th largest shareholder to Paramount on the company’s revised offer: If you are serious…’
The high-stakes ‘war’ between Paramount Skydance and Netflix for Warner Bros. Discovery (WBD) may have taken a sharp turn. The 5th largest shareholder of the entertainment conglomerate has said that the financing update from Paramount Skydance was “necessary” but it may not be enough to seal the deal. His comments have been published soon after…