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Paramount launches hostile takeover bid for Warner Bros. Discovery after Netflix deal
Posted
December 8, 2025
Views
380,117
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3,367
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December 8, 2025
380,117
3,367
1,221
1.21%
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9:58Now PlayingParamount has gone straight to Warner Bros. Discovery’s shareholders with an all-cash offer in an extraordinary endeavor to gain control of Hollywood’s most sought-after prize – a bid that Netflix beat on Friday. Paramount was widely expected to be the frontrunner for Warner Bros., but WBD opted instead for Netflix, which it said offered a more lucrative deal. Paramount offered $30 per share in an all-cash deal for the entire company, while Netflix offered $27.75 for Warner Bros. and HBO — $23.25 per share in cash and $4.50 in stock.
Warner Bros. Discovery is the parent company of CNN.
CNN chief media analyst Brian Stelter reports, and Dana Bash speaks with Puck founding partner William Cohan. #CNN #News
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