Paramount Promises $6 Billion in Cost Savings Acquiring Warner Bros. Discovery
Paramount Skydance said it would seek $6 billion in cost synergies after acquiring Warner Bros. Discovery. The media giant Dec. 8 submitted a hostile $30-per-share offer for WBD — after the later Dec. 5 approved a $27.75-per-share offer from Netflix for its studio and streaming assets only. Speaking on an investor call after its bid, … Continue reading “Paramount Promises $6 Billion in Cost Savings Acquiring Warner Bros. Discovery”
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