Paramount amends bid for Warner Discovery
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But neither was able to topple YouTube or Disney, who maintained the top two spots in Nielsen's Media Distributor Gauge ranking
Paramount and Netflix's bidding war for WBD heats up as Paramount revises its offer with a $40.4 billion guarantee from Larry Ellison.
Larry Ellison has agreed to provide a personal guarantee of more than $40 billion for Paramount’s Skydance’s bid for the takeover of Warner Bros. Discovery
With Netflix now in the lead position to acquire Warner Bros. Discovery, the streaming industry is looking at a structural shake-up that will shift competitive dynamics for years to come.
Paramount is standing by its current proposal to acquire Warner Bros. Discovery, warning shareholders against embracing Netflix's pending offer.