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Paramount Skydance alleges WBD’s sale process favors Netflix, citing bias and lack of transparency.
Paramount Skydance has accused Warner Bros.
Discovery of conducting a biased sale process that favors Netflix’s cash-heavy bid, alleging management favoritism and lack of transparency.
The company, which seeks to acquire WBD in its entirety, requested confirmation of an independent special committee and raised concerns about regulatory risks and potential conflicts of interest.
While Netflix is seen as the frontrunner, Comcast and Paramount have also increased their offers.
WBD confirmed receiving the letter but has not verified the claims.
Regulatory scrutiny, including from the U.S. Department of Justice and potential EU concerns, adds pressure to the process.
Paramount Skydance alega que el proceso de venta de WBD favorece a Netflix, citando parcialidad y falta de transparencia.