There was a huge uproar recently when Netflix and Warner Bros. decided to move ahead with Netflix’s bid to acquire the company. Other companies, such as Paramount, challenged the bid, noting they thought that Netflix’s offer wasn’t a good one.

Warner Bros. Discovery has officially rejected Paramount’s hostile takeover bid, advising its shareholders to do the same.

The claim was made as part of Warner Bros. Discovery’s dismissal of Paramount’s hostile takeover offer.