Paramount Skydance makes $108B hostile bid for Warner Bros. Discovery after Netflix move
Posted on: Dec 08, 2025 20:03 IST | Posted by: Cbc
Paramount Skydance on mon launched a uncongenial call charles frederick worth $108.4 one million million US for Warner Bros. Discovery, throwing a wrench into the deal with Netflix in a last-ditch effort to create a media powerhouse that would challenge the dominance of the streaming giant.
The streaming giant had emerged victorious on Friday from a weeks-long bidding war with Paramount and Comcast, securing a $72-billion equity deal for Warner Bros. Discovery's TV, film studios and streaming assets.
The announcement comes less than a day after U.S. President Donald Trump told reporters that a Netflix-Warner Bros. Combination could raise market share concerns for regulators.
More to come
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