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Exclusive- Warner Bros Discovery board rejected Paramount Skydance buyout offer, source says

Published by Global Banking & Finance Review

Posted on October 21, 2025

1 min read

· Last updated: January 21, 2026

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Exclusive- Warner Bros Discovery board rejected Paramount Skydance buyout offer, source says
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By Dawn Chmielewski (Reuters) -The Warner Bros Discovery board on Tuesday morning rejected a Paramount Skydance offer of nearly $24 per share to buy the company, a source familiar with the matter said

Warner Bros Discovery Rejects Paramount Skydance Buyout Proposal

Warner Bros Discovery's Rejection of Buyout Offer

By Dawn Chmielewski

Details of the Offer

(Reuters) -The Warner Bros Discovery board on Tuesday morning rejected a Paramount Skydance offer of nearly $24 per share to buy the company, a source familiar with the matter said. 

Company Valuation and Market Reaction

The mostly cash offer for the Warner Bros film and television studios, cable networks including CNN, and the HBO Max streaming service is valued at slightly less than $60 billion.

Official Responses from Companies

Neither Warner Bros Discovery nor Paramount would comment on the offer. 

(Reporting by Dawn Chmielewski in Los Angeles; Editing by Leslie Adler)

Key Takeaways

  • Warner Bros Discovery rejected a buyout offer from Paramount Skydance.
  • The offer was nearly $24 per share, totaling less than $60 billion.
  • The proposal included Warner Bros film and TV studios, CNN, and HBO Max.
  • Neither Warner Bros Discovery nor Paramount commented on the offer.
  • The market reacted to the rejection of the buyout proposal.

Frequently Asked Questions

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A corporate bond is a debt security issued by a corporation to raise funds. Investors receive periodic interest payments and the principal amount at maturity.
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A merger is a business combination where two companies join to form a single entity, often to enhance competitiveness or market share.
What are financial markets?
Financial markets are platforms where buyers and sellers trade financial assets such as stocks, bonds, and currencies, facilitating capital flow and investment.
What are capital markets?
Capital markets are financial markets where long-term debt or equity-backed securities are bought and sold, enabling companies to raise funds for growth.

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