Paramount's $30 Bid for Warner Brothers
Update: 2025-12-09
Description
Paramounts bold move: A $30-per-share offer for Warner Brothers Discovery, valuing the media giant at over $100 billion, including debt. Netflixs $27.75-per-share deal excludes struggling cable networks, while Paramounts bid includes them, potentially worth $1-$4 per share. Paramounts financial package: $12 billion from Ellison family, $24 billion from Middle East sovereign wealth funds, and participation from RedBird Capital Partners and Affinity Partners, led by Jared Kushner. The bidding war heats up, with Netflixs co-chief executives confident in their original deal, and Warner Brothers set to respond within ten business days. The declining value of cable television and loss of NBA games to Amazon.com add complexity to the regulatory approval process.
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