News | Business
12 Jan 2026 8:34
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    Warner Bros has again rejected a hostile takeover bid from media conglomerate Paramount, telling shareholders to stick with Netflix's rival offer

    Warner Bros has again rejected a hostile takeover bid from media conglomerate Paramount, telling shareholders to stick with Netflix's rival offer


    Netflix is offering almost 125-billion New Zealand dollars for the studios and streaming division.

    David Ellison's Paramount is offering almost 135 million for the entire company.

    Warner says its board's determined the offer isn't in the best interests of the company and shareholders, providing insufficient value and too much risk.

    Warner sold its New Zealand TV3 arm to Sky TV last year.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     12 Jan: Rising living costs are driving up both the number of first-time student loan borrowers, and the size of their loans
     12 Jan: The Government says a move to "open electricity" will give consumers more choice through better transparency
     12 Jan: The Government hopes the roll-out of "open electricity" makes it easier for Kiwis to get cheaper power
     12 Jan: Grocery costs remained largely unchanged over the Christmas period
     11 Jan: If you think you're paying too much for a cup of coffee, there's good news and bad
     11 Jan: New Zealand households and small businesses will soon have a simpler way to slash their electricity bills
     11 Jan: Maketu Pies has bounced back from the brink of closure
     Top Stories

    RUGBY RUGBY
    New Zealand Giant Slalom skiing star Alice Robinson isn't switching focus despite surprise showings in a different discipline More...

    BUSINESS BUSINESS
    Rising living costs are driving up both the number of first-time student loan borrowers, and the size of their loans More...


     Today's News

    		 Entertainment:
    The Kardashians don't have a one-size-fits-all approach to relationships, according to Khloe Kardashian 8:23

     Business:
    Rising living costs are driving up both the number of first-time student loan borrowers, and the size of their loans 8:17

     Basketball:
    Breakers forward Rob Baker has responded to his coach's defensive criticism in basketball's ANBL 8:07

     International:
    In Minneapolis, the deadly ICE shooting has reopened old wounds 7:57

     Business:
    The Government says a move to "open electricity" will give consumers more choice through better transparency 7:57

     Entertainment:
    Jodie Foster finds working with female directors to be a "really amazing" experience 7:53

     Accident and Emergency:
    A weekend of people getting into trouble in the water has spurred renewed calls for caution 7:47

     Business:
    The Government hopes the roll-out of "open electricity" makes it easier for Kiwis to get cheaper power 7:37

     Accident and Emergency:
    There have still been no sightings of a man who went missing in the Waikato River over the weekend 7:27

     Entertainment:
    Ali Wong and Bill Hader have split 7:23

     News Search




    Power Search

    © 2026 New Zealand City Ltd