Warner Bros. Discovery on Wednesday rejected Paramount Skydance's amended takeover offer, the latest in a series of rejections in David Ellison's pursuit of the streaming and cable giant.

Jan 8 (Reuters) - Some of Warner Bros Discovery's (WBD.O) biggest investors are split on Paramount Skydance's (PSKY.O) sweetened offer for the storied movie studio owner, giving the smaller media comp...