BBC headline reads: Paramount launches rival bid for Warner Brothers Discovery"

[britporn_mike]

Netflix and Paramount Skydance both want Warner Brothers Discovery, it only means good times for the stock holders

"Paramount Skydance has made another offer to buy Warner Brothers Discovery as it seeks to trump a rival offer from Netflix to buy the company's studio and streaming networks.

Paramount, which is backed by the billionaire Ellison family, said it was making a direct offer to shareholders of $30 per share to scoop up the entire company, including its traditional television networks.

It said its proposal was a "superior alternative" to the one from Netflix, delivering more cash upfront to shareholders and greater prospect of approval by regulators.

President Donald Trump has said "there could be a problem" with Netflix's purchase, pointing to competition concerns given the size of the companies.

Speaking on CNBC, Paramount chief executive David Ellison said Netflix's takeover of Warner Brothers Discovery would be "anti-competitive", arguing it would give the company too much power over actors and other players in the industry.

"It's a horrible deal for Hollywood," he said. He also said he had had "great conversations" with Trump about the deal and believed the president cared about competition.

Netflix's proposal values Warner Brothers' studio and streaming networks, including HBO, at about $83bn, including its debt, compared with Paramount's offer, which values the entire company at $108.4bn.

Boards of both Netflix and Warner Brothers said on Friday that they supported the Netflix purchase, which they said would proceed after a planned spin-off of other parts of Warner Brothers' business into an independent company.

But Mr Ellison, who had hoped to bolster Paramount's own traditional television networks with those owned by Warner Brothers, said he thought an independent spin-off of those networks would set them up to fail and ultimately prove a mistake for shareholders.

"I think [its shares are] going to be worth a lot less than people are claiming," he said."


https://www.bbc.com/news/articles/cj69xzpzrdyo

[gspotman]

Just goes to show Netflix has a great business model and income stream

[chilli.domains]

Every thing is going online streaming it only makes sense and money

[24alex]

Let's see which one buys it or maybe a third suitor might step in

[3ric]

Nice for the Warner Brothers Discovery people having 2 companies trying to buy you out, it will be a nice Christmas for the share holders.

[Big MOE]

This one seems to have back off buying

"Earlier this month, Paramount launched an all-cash tender offer partially financed by Kushner's private equity firm, Affinity Partners, to acquire the outstanding shares of Warner Bros. Discovery for $30.00 per share in cash, just days after Netflix had agreed to acquire Warner Bros. Discovery in a deal valued at $27.75 per share.

"With two strong competitors vying to secure the future of this unique American asset, Affinity has decided no longer to pursue the opportunity," the firm said, according to The Associated Press. "The dynamics of the investment have changed significantly since we initially became involved in October. We continue to believe there is a strong strategic rationale for Paramount’s offer."

Although the amount Affinity was contributing to Paramount’s offer was not disclosed in its latest SEC filings, the bid is still supported by wealth funds run by three governments, widely reported as Saudi Arabia, Abu Dhabi and Qatar, according to AP."

https://www.foxbusiness.com/politics/ku ... covery-bid

[PornPete]

Consolidation is the word in the industry.

[Webby]

"Paramount’s new, hostile offer to Warner Bros. Discovery: Larry Ellison will personally guarantee $40 billion"

https://www.cnn.com/2025/12/22/media/pa ... vised-deal


It must be swell to be able to guarantee $40 billion