Warner Bros Discovery (WBD)

Warner Bros Discovery (WBD) is a media conglomerate currently at the center of a major corporate battle. The company is newsworthy due to ongoing takeover attempts by both Netflix and Paramount Skydance. Netflix has made an offer, reportedly around $83 billion, to acquire WBD's studios and streaming businesses, initially a cash-and-shares proposal but potentially switching to all-cash to expedite the deal and fend off competition. Paramount Skydance has made a hostile bid, recently revised to $108.4 billion, which WBD's board has repeatedly rejected, deeming it 'inadequate' and accusing Paramount of misleading investors. Even Donald Trump has become involved, purchasing over $1 million in bonds from both Netflix and WBD. The outcome of these competing bids will significantly reshape the media landscape.