Paramount Skydance Is Trying to Crush the Netflix Warner Bros. Deal

Shortly after Netflix publicly announced a massive deal that would allow the streaming giant to acquire Warner Bros., Paramount Skydance declared that it will be bringing a new acquisition offer directly to shareholders in an attempt to override the current agreement. Rumors about a possible Warner Bros. acquisition have been floating around the internet for months, with major companies like Paramount Skydance, Netflix, and Comcast all supposedly placing competing bids behind closed doors. However, it seems as if the acquisition is about to become a lot more public (and heated) due to the nature of Paramount Skydance’s current strategy.