Paramount Goes To War With Netflix For Warner Bros. Discovery With Hostile $108.4B Bid
Matilda
Paramount Goes To War With Netflix For Warner Bros. Discovery With Hostile $108.4B Bid
Paramount Bid Shocks Hollywood as $108B Offer Targets WBD Paramount has sparked a wave of urgent searches today as Hollywood watchers ask what its new $108.4 billion hostile bid means for the Warner Bros. Discovery deal and whether it can derail Netflix’s surprise $82.7 billion acquisition attempt. Within hours of the announcement, questions around shareholder value, regulatory approval, and the future of major studio ownership began trending across entertainment and business circles. Paramount’s move marks one of the most aggressive acquisition plays Hollywood has seen in a decade, and its timing signals a direct challenge to the momentum Netflix thought it had secured last week. Credit: Paramount Paramount Launches Hostile $108.4B Bid for Warner Bros. Discovery The new Paramount bid, announced early Monday, immediately positioned the company as a formidable competitor in the race for Warner Bros. Discovery (WBD). By going directly to WBD shareholders, Paramount bypassed the board and fo…