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Netflix
about.netflix.com › en › news › netflix-to-acquire-warner-bros
Netflix to Acquire Warner Bros. Following the Separation of Discovery Global for a Total Enterprise Value of $82.7 Billion (Equity Value of $72.0 Billion) - About Netflix
2 weeks ago - This acquisition brings together two pioneering entertainment businesses, combining Netflix’s innovation, global reach and best-in-class streaming service with Warner Bros.’ century-long legacy of world-class storytelling.
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NBC News
nbcnews.com › business › media › paramount-hostile-bid-warner-bros-discovery-rcna247993
Paramount launches hostile bid for Warner Bros. Discovery despite Netflix deal
Paramount is launching a hostile bid to acquire Warner Bros. Discovery after it lost to Netflix in a high-stakes bidding war, the company announced Monday, setting the stage for a corporate drama worthy of "Succession."
Published   1 week ago
Discussions

Paramount Says Money Is No Object. Warner Bros. Isn’t Convinced.
If money is no object then they have some seriously devious plans they want to accomplish More on reddit.com
🌐 r/business
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ELI5: How can Paramount announce a hostile takeover bid for WB when the bidding was done and Netflix won?
There are two separate entities, the shareholders and the board of directors. The board accepted Netflix’s offer because they were presented with the two offers and are required to act in the shareholders best interest. This deal still needs to be approved by the shareholders and Paramount is trying to get WB’s shareholders to vote against the Netflix deal so they can accept their offer. The deal won’t be done for probably 12-24 months as it goes through regulatory review. WB can drop out of the deal during this time for a fee. More on reddit.com
🌐 r/explainlikeimfive
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Paramount Skydance pushes hostile bid for Warner Bros. after losing to Netflix: "We’re here to finish what we started"
Jared Kushner is part of Paramount's hostile bid for Warner Bros Discovery https://share.google/6sEtfL94jvvgZbFNG . So this is who will win. More on reddit.com
🌐 r/investing
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1 week ago
Paramount Launches Hostile Takeover Bid for Warner Bros. Discovery Valued at $108 Billion, Seeking to Derail Netflix’s Deal
Either way, I don't expect to get a new Batman Arkham game out of the deal. More on reddit.com
🌐 r/PS5
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BBC
bbc.com › news › articles › cz687wv9vqxo
Warner Bros favours Netflix offer over $108bn Paramount bid
5 hours ago - But in a dramatic plot twist in ... studios, Warner Brother's board "unanimously" recommended rejecting the offer and agreed the deal with Netflix was in the firm's best interests. The media giant put itself up for sale in October after receiving "multiple" expressions of interest from potential buyers, including approaches from Paramount Skydance. On 5 December, Warner Bros Discovery said it had agreed to sell its film and streaming businesses to Netflix...
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CNN
cnn.com › 2025 › 12 › 17 › media › warner-bros-chose-netflix-over-paramount-again-now-what
Warner Bros. chose Netflix over Paramount — again. Now what? | CNN Business
9 hours ago - WBD board chair Sam DiPiazza told CNBC on Wednesday morning that the shareholder vote won’t happen until the spring or “early summer.” · In the short run, not much. Netflix has already entered into its deal with Warner Bros., and now ...
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Yahoo! Finance
finance.yahoo.com › news › know-bidding-war-between-netflix-164813087.html
What to know about bidding war between Netflix and Paramount for Warner Bros.
14 hours ago - Paramount is offering $30 per Warner share, or $77.9 billion, to Netflix’s $27.75 per share. A Warner Bros. merger with either company would alter the landscape in Hollywood and will face intense scrutiny from U.S.
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Wbd
ir.wbd.com › news-and-events › financial-news › financial-news-details › 2025 › Warner-Bros--Discovery-Board-of-Directors-Unanimously-Recommends-Shareholders-Reject-Paramount-Tender-Offer › default.aspx
Warner Bros. Discovery - Warner Bros. Discovery Board of Directors Unanimously Recommends Shareholders Reject Paramount Tender Offer
18 hours ago - Discovery" or "WBD") (NASDAQ: WBD) ... that the tender offer launched by Paramount Skydance ("PSKY") (NASDAQ: PSKY) on December 8, 2025 is not in the best interests of WBD and its shareholders and does not meet the criteria of a "Superior Proposal" under the terms of WBD's merger agreement with Netflix announced on December 5, ...
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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
18 hours ago - The decision to recommit to Netflix's (NFLX.O), opens new tab buyout offer would mark the latest twist in the race for assets that include Warner Bros' storied film and TV studio, and its extensive film and television library, whose portfolio ...
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Deadline
deadline.com › 2025 › 12 › warner-bros-discovery-paramount-netflix-merger-1236650715
Warner Bros Discovery Urges Shareholders To Reject Paramount’s Hostile Bid
12 hours ago - “Netflix and Warner Bros. complement each other, and we’re excited to combine our strengths with their theatrical film division, world-class television studio, and the iconic HBO brand, which will continue to focus on prestige television. We’re also fully committed to releasing Warner Bros. films in theaters, with a traditional window, so audiences everywhere can enjoy them on the big screen.” · Warner’s response to Paramount’s offer, which was received on December 8, is merely the latest step in an incremental process.
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USA Today
usatoday.com › story › opinion › 2025 › 12 › 15 › netflix-buys-warner-bros-hbo-drama-paramount › 87719829007
Netflix, Paramount bid for Warner Bros. may be good for you | Opinion
2 days ago - Let’s back up: On Dec. 5, Netflix announced a definitive agreement to acquire Warner Bros. – including its studios, HBO Max and HBO. But before the reeling market could catch its breath, Paramount launched a cash tender offer to claim all ...
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Wikipedia
en.wikipedia.org › wiki › Proposed_acquisition_of_Warner_Bros.
Proposed acquisition of Warner Bros. - Wikipedia
2 hours ago - Netflix emerged victorious in the bidding war and announced its deal with WBD to acquire its streaming and studios division (which includes assets like Warner Bros., HBO, HBO Max, DC Studios, DC Entertainment, and the company's media library) ...
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Deadline
deadline.com › 2025 › 12 › netflix-warner-bros-deal-hollywood-wall-street-1236648696
Netflix CEOs Call Warner Bros Deal "A Win For The Entertainment Industry"
3 days ago - The company has offered $108 billion, all in cash and including the assumption of debt, for all of Warner Bros. Discovery. Netflix is bidding only on the studio-and-streaming part of the company.
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BBC
bbc.com › news › articles › c8dyy47qy82o
Hollywood panics as Paramount-Netflix battle for Warner Bros
4 days ago - When Warner Bros put up a for-sale sign, Paramount launched an eager campaign to buy the company. But the studio ultimately announced a deal with Netflix.
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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
5 days 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 ...
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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
6 days ago - Discovery shareholders would be offered $30 per share, which represents a 139% premium to the stock price as of Sept. 10, 2025, Paramount said. ... Netflix established its agreement with Warner Bros.
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BBC
bbc.com › news › articles › cm21z4zgkx7o
Netflix and Paramount battle for Warner Bros. Who is likely to win?
1 week ago - Paramount's move was prompted by ... by media reports. Netflix's proposal includes Warner Bros' studio and streaming networks, leaving the rest of the company to be spun off as an independent company....
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CNBC
cnbc.com › 2025 › 12 › 08 › paramount-skydance-hostile-bid-wbd-netflix.html
Paramount Skydance launches hostile bid for WBD after Netflix deal
1 week ago - Co-CEO Greg Peters said they recognize the Netflix deal came as a shock but called the Warner Bros. studio and HBO Max content complementary to Netflix's business. Co-CEO Ted Sarandos said the acquisition would protect jobs at a time when layoffs have been rampant across media: "In the offer that Paramount was talking about today, they also were talking about $6 billion of synergies.
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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
6 days ago - Netflix had emerged victorious on Friday from a weeks-long bidding war with Paramount and Comcast, securing a $72 billion equity deal for Warner Bros Discovery's TV, film studios and streaming assets.
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Yahoo!
yahoo.com › news › us › article › why-netflix-and-paramount-are-fighting-over-warner-bros--and-how-trump-could-decide-who-wins-202713396.html
Why Netflix and Paramount are fighting over Warner Bros. — and how Trump could decide who wins
1 week ago - Discovery that Paramount’s proposal was not its “best and final” offer. If the current agreement holds — and if regulators ultimately approve — Netflix would take over Warner Bros. streaming and studio business.
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NYTimes
nytimes.com › 2025 › 12 › 09 › opinion › netflix-paramount-warner-bros.html
Opinion | Netflix? Paramount? They’re Both Terrible for Warner Bros. - The New York Times
1 week ago - There are some who say that the Netflix deal, which does not include CNN and other cable channels, deserves support anyhow because Paramount would be an even worse buyer. The argument is that David Ellison, the chief executive of Paramount, wants to build an evil media empire using his father’s money and to gut CNN, which Warner Bros.
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Yahoo! Finance
finance.yahoo.com › news › paramount-makes-108-billion-all-cash-offer-for-warner-bros-discovery-escalating-buyout-fight-with-netflix-144453654.html
Paramount makes $108 billion all-cash offer for Warner Bros. Discovery, escalating buyout fight with Netflix
1 week ago - On Friday, Netflix agreed to acquire Warner Bros.' TV, film, studios, and streaming division for $72 billion in equity value — roughly $27.75 per share — in a cash-and-stock deal worth a total $82.7 billion that would see Warner Bros.