Paramount's $108B Bid for Warner Bros Discovery
Update: 2025-12-09
Description
Warner Bros Discovery faces a corporate showdown as Netflix and Paramount Skydance vie for control. Netflix offers $82.7 billion for studios and HBO, spinning off cable channels, while Paramounts $10.8 billion cash deal aims for the whole company. Paramounts hostile bid targets shareholders, citing regulatory concerns and a higher price. The outcome could reshape the media landscape, with CNN and other networks at stake.
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