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Today's Brief

Warner Bros. Discovery, Inc.

WBD

Reporting person: Paramount Skydance Corporation(fund)

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 (fund)
Dissident solicitorOkapi Partners
Stake
Dissident counsel
Cost basis
Meeting date
Record date

Primary demands

  • oppose Netflix acquisition
  • block proposed merger

Advisors

No advisor data on record for this deal.


Filing Timelineevery filing on this issuer
  1. Apr 24, 2026

    WBD shareholders to vote on Paramount Skydance merger at $31/share

  2. Apr 24, 2026PREC14Athis filing

    Paramount Skydance opposes Netflix acquisition of Warner Bros. Discovery


Sources

Paramount Skydance Corporation and Prince Sub Inc. filed a preliminary proxy statement soliciting votes against Warner Bros. Discovery's proposed acquisition by Netflix. The dissident is urging shareholders to vote against the Netflix Merger Agreement, the Old Warner Bros. Conversion, and advisory compensation proposal at a special meeting. The meeting date is to be announced, with the filing dated January 22, 2026.

Item id: ea4bfce8-f23f-4fce-829d-fa9972b91fa8 · ingested Apr 24, 2026