🌐
Reuters
reuters.com › legal › transactional › paramount-makes-1084-billion-bid-warner-bros-discovery-2025-12-08
Warner Bros fight heats up with $108 billion hostile bid from Paramount | Reuters
1 week ago - The offer represents a 139% premium over the company's value from before the buyout talks started, and bests Netflix's $27.75 offer that mixes cash and stock. At a UBS conference, Netflix co-CEO Ted Sarandos said Paramount's hostile bid for ...

potential business transaction

Since late 2025, Warner Bros. Discovery (WBD) has drawn multiple acquisition offers from several entertainment companies. On October 21, 2025, WBD announced it would consider a "broad range of alternative options" to … Wikipedia
Factsheet
Target Warner Bros. Streaming & Studios (Netflix Inc./Comcast)
Warner Bros. Discovery (Paramount Skydance Corporation)
Discovery Global Linear Networks (Starz Entertainment Corp.)
Type Full acquisition (includes Streaming & Studios and Global Linear Networks for each company) (Netflix Inc./Comcast/Starz Entertainment Corp.)
Full acquisition (Paramount Skydance Corporation)
Factsheet
Target Warner Bros. Streaming & Studios (Netflix Inc./Comcast)
Warner Bros. Discovery (Paramount Skydance Corporation)
Discovery Global Linear Networks (Starz Entertainment Corp.)
Type Full acquisition (includes Streaming & Studios and Global Linear Networks for each company) (Netflix Inc./Comcast/Starz Entertainment Corp.)
Full acquisition (Paramount Skydance Corporation)
🌐
Wikipedia
en.wikipedia.org › wiki › Proposed_acquisition_of_Warner_Bros.
Proposed acquisition of Warner Bros. - Wikipedia
15 hours ago - Reactions to the Netflix-WBD deal ... Warner Bros. Discovery, on December 8, 2025 directly to its investors. Paramount's offer values WBD at $108.4 billion at $30 per share....
🌐
BBC
bbc.com › news › articles › cz687wv9vqxo
Warner Bros favours Netflix offer over $108bn Paramount bid
1 day ago - Warner Bros Discovery has told its shareholders to reject Paramount Skydance's $108.4bn (£80.75bn) takeover bid. Paramount had said its offer was "superior" to a $72bn deal that Warner Bros struck with Netflix for its film and streaming businesses.
🌐
Paramount
ir.paramount.com › news-releases › news-release-details › paramount-launches-all-cash-tender-offer-acquire-warner-bros
PARAMOUNT LAUNCHES All-CASH TENDER OFFER TO ACQUIRE WARNER BROS. DISCOVERY FOR $30 PER SHARE | Paramount
View original content:https://www.prnewswire.com/news-releases/paramount-launches-all-cash-tender-offer-to-acquire-warner-bros-discovery-for-30-per-share-302635412.html
🌐
Reddit
reddit.com › r/gamingleaksandrumours › paramount confirms $108.4 billion counter-offer for warner bros. discovery
r/GamingLeaksAndRumours on Reddit: Paramount confirms $108.4 billion counter-offer for Warner Bros. Discovery
2 weeks ago -

Confirmed:

Paramount, a Skydance Corporation (“Paramount”), has commenced an all-cash tender offer to acquire all of the outstanding shares of Warner Bros. Discovery, Inc. (“WBD”) for $30.00 per share in cash. Paramount’s proposed transaction is for the entirety of WBD, including the Global Networks segment.

https://www.hollywoodreporter.com/business/business-news/paramount-launches-hostile-bid-for-warner-bros-1236444601/

https://www.strongerhollywood.com/

Previous Rumour:

https://www.reddit.com/r/GamingLeaksAndRumours/comments/1pfbzhb/paramount_considering_hostile_takeover_of_warner/

🌐
The Guardian
theguardian.com › business › 2025 › dec › 08 › paramount-skydance-warner-bros-bid
Paramount launches $108.4bn hostile bid for Warner Bros Discovery | Business | The Guardian
1 week ago - Paramount’s all-cash tender offer sent directly to shareholders on Monday morning would be for the entire company, and puts a total enterprise value of $108.4bn on WBD, a major premium to its stock price.
🌐
Hollywood Reporter
hollywoodreporter.com › tv › tv-news › stephen-colbert-paramount-warner-bros-bid-1236448146
Stephen Colbert Wonders Why ‘The Late Show’ Was Canceled if Paramount Has $108 Billion to Offer for Warner Bros.
1 week ago - Discovery after the latter agreed ... $82.7 billion, or $27.75 per share of WBD common stock. Paramount’s tender offer is $30 per share, putting the total at more than $108 billion....
Find elsewhere
🌐
Variety
variety.com › 2025 › film › news › warner-bros-discovery-rejects-paramount-acquisition-offer-1236609963
Warner Bros. Discovery Rejects Paramount $30/Share Acquisition Offer
2 days ago - Warner Bros. Discovery rejected the $30/share takeover bid from David Ellison's Paramount Skydance, with WBD unanimously backing the deal with Netflix.
🌐
Reuters
reuters.com › world › warner-bros-likely-reject-1084-billion-paramount-bid-back-netflix-bidding-war-2025-12-16
Warner Bros likely to reject $108.4 billion Paramount bid, back Netflix in bidding war, sources say | Reuters
2 days ago - Paramount CEO David Ellison then went directly to Warner Bros' shareholders with a $30-a-share, all-cash bid for the whole company. In regulatory filings, Paramount has said its bid is superior to Netflix's offer and would enjoy a clearer path ...
🌐
Los Angeles Times
latimes.com › entertainment-arts › business › story › 2025-12-17 › warner-bros-accusations-against-paramount-ellison-family-what-to-know
Warner Bros. rejects Paramount's hostile bid, accuses Ellison family of failing to put money into the deal - Los Angeles Times
2 days ago - Paramount said it offered $30 a share in the final hours of last week’s auction. ‘We never heard back,’ says Paramount Chair David Ellison. Dec. 8, 2025 · Paramount disputed the characterization, saying it was Warner Bros.
🌐
Yahoo! Finance
finance.yahoo.com › news › ellisons-paramount-makes-108b-cash-offer-for-warner-bros-discovery-escalating-buyout-fight-with-netflix-162626730.html
Ellison's Paramount makes $108B cash offer for Warner Bros. Discovery, escalating buyout fight with Netflix
2 weeks ago - But Warner Bros.' other entertainment, ... Discovery Global under a plan initially announced earlier in 2025. Paramount's new $108.4 billion offer, by contrast, is for the entire company all in one....
🌐
NYTimes
nytimes.com › 2025 › 12 › 12 › business › paramount-warner-bros-netflix-deal.html
Paramount Says Money Is No Object. Warner Bros. Isn’t Convinced. - The New York Times
1 week ago - Discovery worried it would have limited recourse if Paramount’s bid fell apart, the people said. Warner Bros. Discovery said last week it would sell much of its business to Netflix for $83 billion, deeming its bid superior to Paramount’s ...
🌐
Forbes
forbes.com › forbes homepage › business › media
Is Netflix Buying Warner Bros.? Where The Deal Stands After Paramount’s Hostile Bid
1 week ago - The top question right now: Is Netflix still buying Warner Bros.? Paramount’s $108 billion hostile takeover bid for Warner Bros.
🌐
The Guardian
theguardian.com › business › 2025 › dec › 17 › warner-bros-reportedly-poised-to-reject-paramount-hostile-takeover-bid
Warner Bros reportedly poised to reject Paramount’s $108bn hostile takeover bid | Mergers and acquisitions | The Guardian
2 days ago - Warner Bros Discovery is poised to tell shareholders to reject Paramount’s $108bn (£81bn) hostile bid, according to reports, clearing the way for Netflix to proceed with its buyout of the Hollywood film and TV group.
🌐
Variety
variety.com › 2025 › film › news › why-netflix-buying-warner-bros-ted-sarandos-1236604802
Why Netflix Is Buying Warner Bros., Why Paramount Launched Hostile Bid
1 week ago - In addition to the Ellison family’s backing, Paramount’s Dec. 1 offer included $24 billion in funding from the sovereign wealth funds of Saudi Arabia, Qatar and Abu Dhabi. But Ellison’s gambit drew out other bidders.
🌐
ABC News
abcnews.go.com › Business › hostile-takeover-paramounts-bid-acquire-warner-bros-discovery › story
What is a hostile takeover? What to know about Paramount's bid to acquire Warner Bros. Discovery - ABC News
1 week ago - Under the terms of the $108 billion Paramount bid, Warner Bros. Discovery shareholders would be offered $30 per share, which represents a 139% premium to the stock price as of Sept.