The Warner Bros board said it remained unanimous in recommending the deal with Netflix instead.

Warner Bros. Discovery's board still sees its deal with Netflix as the superior option over Paramount's recently amended hostile offer.

Warner Bros Discovery's board has unanimously turned down Paramount Skydance's latest attempt to acquire the studio.

Board unwilling to accept hostile takeover despite $40bn guarantee from billionaire Larry Ellison

The Warner Bros board said it remained unanimous in recommending the deal with Netflix instead.

Warner continues to stick with Netflix, the shock winner that emerged in early December from the auction begun by Paramount.

El consejo de administración de Warner Bros. Discovery rechaza "por unanimidad" la última oferta de adquisición de Paramount Skydance (PSKY).

Warner Bros. Discovery's board has unanimously turned down Paramount Skydance's latest attempt to acquire the studio.

The board of directors at Warner Bros. Discovery announced Wednesday that it unanimously urges shareholders to reject the bid by Paramount Skydance.

WBD board says the offer 'remains inadequate' as some investors push back.

Some investors criticise WBD's board's rejection of Paramount's offer, citing better chances of regulatory approval.

Officials for Paramount Skydance said their offer of $30 per share to buy Warner Bros. Discovery is "superior" to a competing offer from Netflix.