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Warner Bros recommends investors reject Paramount's offer in favor of Netflix's

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FILE - The Warner Bros. water tower is seen at Warner Bros. Studios in Burbank, Calif., Friday, Dec. 5, 2025. (AP Photo/Jae C. Hong, File)
FILE - The Warner Bros. water tower is seen at Warner Bros. Studios in Burbank, Calif., Friday, Dec. 5, 2025. (AP Photo/Jae C. Hong, File)
FILE - Skydance Media CEO David Ellison attends the premiere of "Fountain of Youth" at the American Museum of Natural History, May 19, 2025, in New York. (Photo by Evan Agostini/Invision/AP, File)
FILE - Skydance Media CEO David Ellison attends the premiere of "Fountain of Youth" at the American Museum of Natural History, May 19, 2025, in New York. (Photo by Evan Agostini/Invision/AP, File)
FILE - Ted Sarandos arrives at the premiere of "The Electric State" on Monday, Feb. 24, 2025, at The Egyptian Theatre in Los Angeles. (Photo by Jordan Strauss/Invision/AP, File)
FILE - Ted Sarandos arrives at the premiere of "The Electric State" on Monday, Feb. 24, 2025, at The Egyptian Theatre in Los Angeles. (Photo by Jordan Strauss/Invision/AP, File)
FILE - The Netflix logo is shown in this photo from the company's website on Feb. 2, 2023, in New York. (AP Photo/Richard Drew, File)
FILE - The Netflix logo is shown in this photo from the company's website on Feb. 2, 2023, in New York. (AP Photo/Richard Drew, File)
FILE - The CNN logo is displayed at the entrance to the CNN Center in Atlanta on Feb. 2, 2022. (AP Photo/Ron Harris, File)
FILE - The CNN logo is displayed at the entrance to the CNN Center in Atlanta on Feb. 2, 2022. (AP Photo/Ron Harris, File)
Ted Sarandos poses for the World Premiere of the Netflix Series "Emily in Paris" season 5, in Paris, France, Monday, Dec. 15, 2025. (AP Photo/Aurelien Morissard)
Ted Sarandos poses for the World Premiere of the Netflix Series "Emily in Paris" season 5, in Paris, France, Monday, Dec. 15, 2025. (AP Photo/Aurelien Morissard)
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6:19 AM on Wednesday, December 17

By WYATTE GRANTHAM-PHILIPS
This content is used here with permission. To view the original visit: https://apnews.com/article/warner-bros-paramount-skydance-netflix-d025a585f7a77cb9d8b066e65576101f
 

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