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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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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
45 minutes 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.
Discussions

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
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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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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
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Paramount confirms $108.4 billion counter-offer for Warner Bros. Discovery
Whoever wins the bid, the rest of us lose. More on reddit.com
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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
39 minutes 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 › netflix-warner-bros-deal-hollywood-wall-street-1236648696
Netflix CEOs Call Warner Bros Deal "A Win For The Entertainment Industry"
2 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
3 days ago - But the studio ultimately announced a deal with Netflix. A spurned Paramount then went direct to Warner Bros Discovery shareholders with a hostile takeover offer that they say is "superior" to ...
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NYTimes
nytimes.com › 2025 › 12 › 08 › business › paramount-warner-bros-discovery-netflix.html
Paramount Makes Hostile Bid for Warner Bros. Discovery - The New York Times
1 week ago - Paramount has offered to buy all of Warner Bros. Discovery, including the Warner Bros. movie studio, the HBO Max streaming service and a portfolio of cable channels including CNN. The cable channels are not part of the Netflix deal.
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Forbes
forbes.com › forbes homepage › business › media
Is Netflix Buying Warner Bros.? Where The Deal Stands After Paramount’s Hostile Bid
3 days ago - ForbesNetflix Acquiring Warner Bros. Resets Streaming And Media’s Power MapBy Shann Biglione ... To wit, Paramount and Skydance completed an $8 billion merger earlier this year, putting the owner of CBS and onetime cable television behemoths MTV and VH1 under the purview of Ellison, the billionaire founder of Skydance.
Find elsewhere
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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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Newsweek
newsweek.com › warner-brothers-netflix-deal-new-twist-paramount-11224926
War Over Warner Bros., Netflix Deal Takes New Twist - Newsweek
1 hour ago - The exit of Kushner’s firm, which was helping to finance Paramount’s bid alongside the CEO David Ellison’s family and a handful of Gulf state wealth funds, marks a blow to Paramount, and comes amid reports that WBD’s board is already planning to urge shareholders to reject its offer in favor of the original deal with Netflix.
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Wikipedia
en.wikipedia.org › wiki › Proposed_acquisition_of_Warner_Bros.
Proposed acquisition of Warner Bros. - Wikipedia
4 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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AP News
apnews.com › article › paramount-warner-bros-discovery-netflix-trump-347540ae7a4f83fced833fe882f25680
Paramount goes hostile in bid for Warner Bros., challenging a $72 billion offer by Netflix
Netflix to acquire Warner Bros. studio and streaming business for $72 billion ... Over the weekend, Trump said the Netflix-Warner combo “could be a problem” because of the size of the combined market share and that he planned to review the ...
Published   1 week ago
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The Hill
thehill.com › homenews › media › 5652023-netflix-warner-deal-paramount-bid
Warner Bros. Discovery preparing to tell shareholders: Back Netflix deal over Paramount
13 hours ago - Discovery portfolio, including its linear television assets like TNT Sports and CNN. That bid came just days after the company announced a deal with Netflix, worth more than $70 billion, which would allow the streamer to acquire Warner Bros.
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Fox Business
foxbusiness.com › media › paramount-netflix-face-similar-antitrust-hurdles-warner-bros-discovery-bids-expert-says
Paramount and Netflix face similar antitrust hurdles in Warner Bros Discovery bids, expert says
TRUMP SAYS 'ANY DEAL' TO BUY WARNER BROS SHOULD INCLUDE CNN · Paramount, a Skydance Corporation, and Netflix both want to purchase Warner Bros.
Published   4 days ago
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Washington Post
washingtonpost.com › opinions › opinion columns
Opinion | Warner Bros. Discovery drama is a story of failed mergers - The Washington Post
5 days ago - Break out the popcorn and a jumbo box of Raisinets, because just when we thought the Warner Bros. Discovery drama was over, it turned out we had barely gotten started. The suspense over the company’s pending sale is mounting, and new questions are developing faster than writers can resolve old ones.
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BBC
bbc.com › news › articles › cm21z4zgkx7o
Netflix and Paramount battle for Warner Bros. Who is likely to win?
6 days 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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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
5 days ago - The streamer that has upended traditional Hollywood is planning to join the ranks of studio owners with an $87.2 billion agreement to acquire Warner Bros. and HBO Max. Netflix had managed to outflank David Ellison’s Paramount Skydance, which ...
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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
5 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.