Paramount launches a hostile $108 billion bid to snatch Warner from Netflix
undefined 10, 2025

Paramount has launched a $108.4B hostile bid to buy all of Warner Bros. Discovery, arguing its all-cash $30/share offer is superior to Netflix’s $83B mix of cash and stock. Paramount says its bid avoids Netflix’s long, risky regulatory path and includes WBD’s linear networks. WBD’s board is still backing Netflix’s deal but will review the offer. The fight has drawn political attention, with Trump warning Netflix’s merger could pose competition concerns.
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