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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
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.)
Warner Bros. Discovery (Paramount Skydance)
Type Partial acquisition; spin-off of Global Linear Networks (Netflix Inc.)
Full acquisition (Paramount Skydance)
Factsheet
Target Warner Bros. Streaming & Studios (Netflix Inc.)
Warner Bros. Discovery (Paramount Skydance)
Type Partial acquisition; spin-off of Global Linear Networks (Netflix Inc.)
Full acquisition (Paramount Skydance)
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Wikipedia
en.wikipedia.org › wiki › Proposed_acquisition_of_Warner_Bros.
Proposed acquisition of Warner Bros. - Wikipedia
14 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....
Discussions

Per CNBC, Paramount-Skydance Made A Last-Minute $30 A Share Bid for Warner Bros. Discovery That Was Rejected But Hunt May Not Be Over As They Are Considering Taking The Offer To Shareholders As Ellison Believes It Has A Better Chance Of Passing U.S. Regulatory Approval
Very "My father will hear about this." This fuckin douche. More on reddit.com
🌐 r/boxoffice
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64
2 weeks ago
Paramount confirms $108.4 billion counter-offer for Warner Bros. Discovery
Whoever wins the bid, the rest of us lose. More on reddit.com
🌐 r/GamingLeaksAndRumours
384
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1 week ago
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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 is proposing to pay $30 per share, in an all-cash offer, which it says gives shareholders more certainty than Netflix's plan. In both cases, the target completion date is many months away.
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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....
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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
1 week 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....
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PR Newswire
prnewswire.com › news-releases › paramount-sends-letter-to-warner-bros-discovery-shareholders-302638485.html
PARAMOUNT SENDS LETTER TO WARNER BROS. DISCOVERY SHAREHOLDERS
1 week ago - Discovery ("WBD") for $30.00 per share. We believe our offer provides superior value through a simple all-cash structure and a quicker, clearer path to completion than the transaction that WBD agreed to with Netflix.
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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.
Find elsewhere
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Yahoo!
ca.finance.yahoo.com › news › paramount-goes-hostile-bid-warner-142128954.html
Paramount goes hostile in bid for Warner Bros., challenging a $72 billion offer by Netflix
1 week ago - Emerging just days after top Warner managers agreed to Netflix's $72 billion purchase, the Paramount bid seeks to go over the heads of those leaders by appealing directly to Warner shareholders with more money — $77.9 billion — and a plan ...
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The Economist
economist.com › business › december 13th 2025 edition
Netflix and Paramount are battling for more than Warner Bros
1 week ago - It appealed directly to Warner’s shareholders to accept an alternative offer of $108bn for the whole company, promising a deal that is “superior to Netflix in every dimension”.
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Paramount
paramount.com › press › paramount-launches-all-cash-tender-offer-to-acquire-warner-bros-discovery-for-30-per-share
PARAMOUNT LAUNCHES All-CASH TENDER OFFER TO ACQUIRE WARNER BROS. DISCOVERY FOR $30 PER SHARE | Paramount
2 weeks ago - 8, 2025 /PRNewswire/ -- Paramount, ... the outstanding shares of Warner Bros. Discovery, Inc. (NASDAQ: WBD) ("WBD") for $30.00 per share in cash....
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CNBC
cnbc.com › 2025 › 12 › 05 › neflix-warner-bros-discovery-deal.html
Netflix to buy Warner Bros. film and streaming assets in $72 billion deal
2 weeks ago - Paramount's offer included a $5 billion breakup fee if the transaction didn't win regulatory approval after roughly 10 months, the people said. Earlier this week, Paramount raised questions about the "fairness and adequacy" of the sale process, ...
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BBC
bbc.com › news › articles › ce91x2jm5pjo
Netflix to buy Warner Bros film and streaming businesses for $72bn
2 weeks ago - While the agreed deal is for part of the Warner Bros business, rival Paramount had tabled a bid to buy the whole company, including its cable networks, in October.
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Al Jazeera
aljazeera.com › economy › media
Netflix to acquire Warner Bros Discovery, raising antitrust concerns | Media News | Al Jazeera
The agreement, announced on Friday, follows a weeks-long bidding war between Netflix and Paramount-Skydance. The streaming giant offered $28 per share, while Paramount offered $30 per share, according to CNBC, which cited sources familiar with ...
Published   2 weeks ago
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Live Mint
livemint.com › business news › companies › news
Paramount raises Warner Bros breakup fee to $5 billion — who are the bidders in acquisition race? | Company Business News
2 weeks ago - Paramount Skydance Corp has increased its breakup fee offer to $5 billion in its attempt to acquire Warner Bros Discovery Inc, signalling confidence in regulatory approval. Warner Bros is considering offers from two other bidders. Details here.
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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
1 week 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/

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Reuters
reuters.com › business › media-telecom › paramount-skydance-offered-30-per-share-warner-bros-discovery-cnbc-reports-2025-12-05
Paramount Skydance offered $30 per share for Warner Bros Discovery, CNBC reports | Reuters
2 weeks ago - REUTERS/Mike Blake/File Photo Purchase Licensing Rights, opens new tab · Dec 5 (Reuters) - Paramount Skydance (PSKY.O), opens new tab had offered $30 per share for Warner Bros Discovery (WBD.O), opens new tab, CNBC reported on Friday, citing ...