Warner Bros. Discovery, Inc.

WBD

Reporting person: Paramount Skydance Corporation(group)

Paramount Skydance opposes Netflix acquisition of Warner Bros. Discovery

Contested meetinghigh confidence

Contest Strategydissident slate, solicitors, demands

Contested special

What's being contested

Merger opposition

IssuerWarner Bros. Discovery, Inc. (WBD)

Issuer solicitor—

Reporting personParamount Skydance Corporation (group)

Dissident solicitorOkapi Partners

Stake—

Dissident counsel—

Cost basis—

Meeting date—

Record date—

Primary demands

reject Netflix acquisition
oppose merger agreement
block transaction

Advisors

No advisor data on record for this deal.

Filing Timelineevery filing on this issuer

Apr 24, 2026
WBD shareholders to vote on Paramount Skydance merger at $31/share
Apr 24, 2026PRRN14Athis filing
Paramount Skydance opposes Netflix acquisition of Warner Bros. Discovery

Sources

SEC Filing

Paramount Skydance Corporation and Prince Sub Inc. filed this preliminary proxy statement soliciting votes against Warner Bros. Discovery's proposed acquisition by Netflix. The dissident is soliciting proxies to vote against the Netflix Merger Agreement, the Old Warner Bros. Conversion, and related executive compensation proposals at a special shareholder meeting. This filing represents a contested transaction where Paramount is urging shareholders to reject the Netflix combination.

Item id: 544773cb-43f5-43a4-8b05-1c3650594792 · ingested Apr 24, 2026