US EditionParamount Makes $108.4 Billion Hostile Bid for Warner After Losing Bidding War to Netflix
- On Monday, Paramount Skydance launched a $30-per-share all-cash tender offer valuing Warner Bros. Discovery at about $108.4 billion, taking the bid directly to Warner shareholders.
- After losing to Netflix, Paramount said it launched a hostile bid following a months-long bidding war won by Netflix last Friday with a $72 billion, $27.75 per share deal for Warner Bros. Discovery.
- With $54 billion in committed debt from Bank of America, Citi and Apollo Global Management, and equity backers including the Ellison family, RedBird Capital, and Middle Eastern sovereign funds, Paramount said its bid offers $18 billion more cash to shareholders.
- Shares immediately reacted as markets and politicians weighed in: Warner Bros. Discovery said it will 'carefully review' Paramount's offer but keeps Netflix deal, while regulators including DOJ and FTC face the $5.8 billion Netflix breakup fee, and President Donald Trump said he would assess competition concerns.
- Critics warned that bipartisan lawmakers and Hollywood unions fear job losses and higher prices, while Paramount argued the merger would strengthen competition and benefit creators and theatres amid regulatory scrutiny.
546 Articles
546 Articles
A billion-dollar deal is underway: Paramount offers more than Netflix for Warner Bros. The decision is imminent.
A bidding war for one of America’s biggest media companies is colliding with Trump-era power
This is The Poynter Report, your daily guide to the news about news. Subscribe to get it in your inbox every weekday. Oh, remember that big breaking story about how […] The post A bidding war for one of America’s biggest media companies is colliding with Trump-era power appeared first on Poynter.
Kushner and Saudis back hostile takeover of Hollywood giant
An aerial view of the Warner Bros. logo displayed on the water tower at Warner Bros. Studio on December 5, 2025 in Burbank, California. (Photo by Mario Tama/Getty Images)On Monday morning, Paramount announced a $77.9 billion hostile takeover offer of Warner Bros. Discovery (WBD), an American media conglomerate that owns an iconic movie studio, HBO, and other news and entertainment properties. The offer is meant to upend Netflix’s deal to purchas…
Opinion | The Warner Bros Drama With Netflix, Paramount Is About to Get Spicier
Just days after Hollywood studio Warner Bros Discovery Inc. agreed to be bought by Netflix Inc., Paramount Skydance Corp has made a $108 billion offer straight to the iconic Hollywood studio's shareholders.
Tribune Chronicle
Santa Monica Daily PressWhat to know about Paramount’s hostile bid for Warner Bros. Discovery
NEW YORK — Warner Bros. Discovery’s friendly agreement to sell itself to Netflix just got upended by a hostile actor — Paramount, which made Warner shareholders a higher offer and touched off what is likely to be a lengthy fight in the latest episode of media industry consolidation. The bid comes after Warner last week agreed to be bought by Netflix for $72 billion. The competing offers set the stage for combining some of the most beloved entert…
Coverage Details
Bias Distribution
- 52% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
