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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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BBC
bbc.com › news › articles › cz687wv9vqxo
Warner Bros favours Netflix offer over $108bn Paramount bid
15 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...
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
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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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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
19 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.
1 day ago - The competing offers set the stage for combining some of the most beloved entertainment properties. Netflix’s vast library includes “Stranger Things” and “Squid Game," while the much smaller Paramount owns its Hollywood studio and major TV networks like CBS and MTV. Both covet Warner, which owns Warner Bros.
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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
1 day 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
1 day ago - Before the battle for WBD heated ... to occur by the third quarter of 2026. If Netflix outdoes Paramount, Discovery Global Networks will spin off and Netflix will acquire Warner Bros....
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Wikipedia
en.wikipedia.org › wiki › Proposed_acquisition_of_Warner_Bros.
Proposed acquisition of Warner Bros. - Wikipedia
14 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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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
1 day 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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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
3 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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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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Forbes
forbes.com › forbes homepage › business › media
Is Netflix Buying Warner Bros.? Where The Deal Stands After Paramount’s Hostile Bid
6 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.
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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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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 - 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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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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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 - Netflix, the world’s biggest ... moviemaking, in a deal valued at $83bn. But on December 8th Paramount, a much smaller rival, pressed pause on the transaction....
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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 - Ellison’s father, Larry, is one of the world’s richest men and a major Republican donor close to President Trump. If Mr. Trump opposes the Netflix-Warner Bros. Discovery merger — which he has said “could be a problem” — Netflix, the thinking goes, must be a better buyer than Paramount.