Netflix CEO rejects Paramount’s $108 billion offer for Warner Bros. amid Larry Ellison’s backing — Here’s why
Global media giant Netflix’s Chief Executive Officer (CEO) Greg Peters rejected Paramount Skydance’s $108 billion bid to acquire Warner Bros. Discovery (WBD), calling out that the offer being backed by Oracle co-founder Larry Ellison, who is set to fund $40.4 billion in equity financing, reported the news portal Financial Times (FT). Netflix’s CEO said that … Read more