Paramount launches rival bid for Warner Bros Discovery

BBC News - WorldCenterEN 3 min read 100% complete December 8, 2025 at 05:39 PM

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Paramount Skydance, backed by the Ellison family, has launched a $108.4 billion bid to acquire Warner Bros Discovery, challenging Netflix's existing $83 billion offer for Warner Bros' studio and streaming networks. Paramount claims its offer, at $30 per share, is superior, delivering more cash upfront and facing better regulatory prospects, citing potential competition concerns with a Netflix acquisition. The hostile bid is the latest development after Warner Bros formally opened a bidding process, initially declaring Netflix the winner. Paramount's Mr. Ellison argues that a Netflix takeover would give one company too much power in Hollywood, while also touting his "great conversations" with President Trump about the deal. Both potential acquisitions are expected to face scrutiny from competition regulators in the US and Europe.

Key Entities & Roles

Key Player Opposition Context

Natalie Sherman 30% Donald Trump 50% Netflix ×560% Paramount ×480% Warner Brothers Discovery ×7100%

Keywords

warner bros discovery 100% paramount 90% rival bid 90% netflix 80% takeover 70% competition regulators 60% media industry 60% hostile bid 50% streaming networks 50% shareholders 40%

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BBC News - World

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90%

This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).

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