5 days 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.

1 week ago - WBD had hoped to settle on a buyer for all or part of the company by year’s end. Paramount is going for all of Warner Bros., including global linear networks. Netflix and Comcast are in the running to buy the Warner Bros.

3 hours ago - After Netflix apparently came out victorious in the recent bidding war, Paramount turned up the heat by launching a hostile takeover bid. The action demonstrates the high stakes involved in this industry consolidation phase of the streaming wars.

1 day 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 ...

2 days ago - Netflix is offering to pay $23.25 per share, and give existing Warner Bros investors a stake in the new company - a mix of cash and equity it says is worth about $27.75 per share.

2 days ago - Corporate debt aside, Zaslav made over $50 million in 2024 in total compensation. Add to that, the revamped contract Zas inked earlier this year includes stock options that could exceed $425 million, and much more depending how high Paramount and Netflix are willing to go in their respective offers to win Warner Bros.

2 days ago - Paramount is taking its case to Warner Bros. Discovery shareholders after launching a hostile takeover offer to pry the company away from Netflix.

3 hours ago - Paramount pitches Netflix as an European Union nonstarter, but regulators seem unfazed — and Trump may be the only audience that matters.

5 days ago - Netflix co-CEO Ted Sarandos said Monday that the company is "super confident" in finalizing its deal to buy studio and streaming assets of Warner Bros. Discovery for nearly $83 billion.

2 days ago - In just seven days, Hollywood has gone from thinking that Paramount was the inevitable winner of the David Zaslav–led media empire to the shock news that Netflix had signed a purchase agreement for the WB studio and streaming assets — only ...

5 days ago - Netflix came out on top on Friday after winning a bidding war against Paramount and Comcast, but Paramount’s hostile bid is sure to drag on the battle for one of Hollywood’s most iconic studios, a fight which has already stretched out for months.

1 day ago - In its appeal to shareholders, Paramount said it submitted six proposals over the course of 12 weeks, but Warner Bros "never engaged meaningfully" with these proposals. The company said it had sent a letter to Warner Bros, questioning the sale process and alleging the company has abandoned a fair bidding process and predetermined Netflix as the winner.

5 days ago - The offer to shareholders comes days after Warner Bros. agreed to sell its streaming and studio business to Netflix. ... Dec. 8, 2025 ... Paramount on Monday mounted a hostile takeover bid for Warner Bros.

5 days ago - Paramount also said that it "is highly confident in achieving expeditious regulatory clearance for its proposed offer," whereas the Netflix acquisition would face "multiple protracted regulatory challenges across the world" as well as "increased execution risk," because Netflix has never done a big deal like this before.

1 week ago - Transaction Unites Warner Bros.’ Iconic Franchises and Storied Libraries with Netflix’s Leading Entertainment Service, Creating an Extraordinary Offering for Consumers · Netflix to Maintain Warner Bros.’ Current Operations

5 days ago - Paramount, led by CEO David Ellison, has launched a hostile takeover bid for Warner Bros. after it agreed to sell its film and television studio properties to Netflix. Evan Agostini/Evan Agostini/Invision/AP/Invision hide caption toggle caption ...