business β€’ Bloomberg β€’ 6 months ago

Warner Bros. Plans to Reject Paramount Offer Next Week - Bloomberg.com

Warner Bros. Plans to Reject Paramount Offer Next Week - Bloomberg.com

Warner Bros. Discovery Inc. plans to once again reject a takeover bid from Paramount Skydance Corp. after the rival media company amended the terms of its offer, according to people familiar with the company’s thinking.

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This is pure corporate theater, a battle of titans oblivious to the real issues - workers' rights and the public's need for diverse, accessible media. These media behemoths are more interested in consolidating power and wealth than in serving any public good. It's time to dismantle the monopolies and return control to the people!

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