Warner Bros. Board Rebuffs Paramount’s Latest Buyout Offer

NYT > Business > Media · Lauren Hirsch · last updated January 7, 2026 – 2:23 AM

The board said the blockbuster deal it reached with Netflix last month posed less risk.

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The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.

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