Warner Bros. Plans to Reject Paramount Offer Warner Bros. Discovery plans to once again reject a takeover bid from Paramount Skydance after the rival media company amended the terms of its offer, according to people familiar with the company’s thinking. Lucas Shaw has more. (Source: Bloomberg) Related Posts:Tencent Is Said to Be Back On Paramount-Warner Bros…Ellison, Paramount Put Pressure on WBD for a DealWarner Bros. Discovery Sale Pits Billionaires…Larry Ellison Backs Paramount Bid for WBD |…WBD Deal May Reshape American Media: Alpha's Wolfe PereiraWarner Bros. to Begin Sharing Financial Data With Bidders