David Zaslav
The Battle for Warner Bros: Inside the High-Stakes Bidding War Between Netflix and Paramount Skydance
Dec 09, 2025 02:52 pm CST
A dramatic corporate showdown has emerged in Hollywood as Paramount Skydance launches a $108 billion hostile bid for Warner Bros Discovery, challenging Netflix's previously agreed acquisition. This high-stakes media industry battle features competing financial structures, antitrust concerns, and political connections, with Warner Bros now forced to choose between two entertainment giants offering different visions for its iconic studio assets and streaming future.
Netflix Acquires Warner Bros. Discovery in Historic $83 Billion Entertainment Industry Merger
Dec 05, 2025 08:53 pm CST
Netflix has agreed to acquire Warner Bros. Discovery for approximately $83 billion, creating an entertainment powerhouse with access to Warner's extensive film catalog and HBO Max. The deal, valued at $27.75 per share, represents the largest consolidation in entertainment since Disney's acquisition of Fox in 2019 and is expected to close within 12-18 months after receiving unanimous board approval from both companies.