Sonic 4 Warner Bros Rejected Paramounts First Offer

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Warner Bros has rejected Paramount’s first bid to buy the company.

(Source: bloomberg.com/news/articles/…)

Paramount’s first bid to buy Warner Bros was rejected. Movie IPs owned by Warner Bros won’t be doing movie crossovers with the SCU.
bloomberg.com/news/articles/….

Warner Bros rejecting Paramount's bid shows they're playing the long game With their DC universe reboot & HBO Max strategy finally clicking, why merge now Sometimes staying independent is the power move.
If DC gets better and HBO keeps killing it, that will only drive the price up. There's rumor that Netflix and Comcast also want to bid... so let them get into a bidding war and drive the price up even more

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