Paramount Skydance has been frantically begging activist investors for help with its Netflix battle
New York Post·2026-02-13 12:00

Bankers for Paramount Skydance have been actively looking for activist investors to help it upend Warner Bros. Discovery’s sale of its studio and streaming service to Netflix, On The Money has learned.One emerged on Wednesday when Ancora Holdings announced it had built a tiny stake – just $200 million in a company with a market cap of nearly $70 billion – as it attempts to prod the WBD board to reconsider its decision to accept the $27.75 bid by Netflix for pieces of the company instead of Paramount Skydanc ...