Paramount Skydance to extend deadline for ‘hostile' takeover offer for Warner Bros. Discovery — but isn't raising price: sources
New York Post·2026-01-21 21:22

David Ellison isn’t taking David Zaslav’s bait.The CEO of Paramount Skydance is extending a Jan. 21 deadline for shareholders of Warner Bros. Discovery to accept his “hostile” offer for the company – but isn’t raising the $30-a-share price, On The Money has learned.On Tuesday, WBD’s wily CEO Zaslav not only touted that he’s getting all cash with Netflix’s $72 billion “winning” bid for his studio and streamer. He also tried to turn up the heat on PSKY CEO Ellison, moving up a shareholder vote on the Netflix ...

Paramount Skydance to extend deadline for ‘hostile' takeover offer for Warner Bros. Discovery — but isn't raising price: sources - Reportify