{"id":11851,"date":"2025-12-08T16:34:40","date_gmt":"2025-12-08T16:34:40","guid":{"rendered":"https:\/\/jobuzo.com\/en\/paramount-goes-to-war-with-netflix-for-warner-bros-discovery-with-hostile-108-4b-bid\/"},"modified":"2025-12-08T16:34:40","modified_gmt":"2025-12-08T16:34:40","slug":"paramount-goes-to-war-with-netflix-for-warner-bros-discovery-with-hostile-108-4b-bid","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/paramount-goes-to-war-with-netflix-for-warner-bros-discovery-with-hostile-108-4b-bid\/","title":{"rendered":"Paramount goes to war with Netflix for Warner Bros. Discovery with hostile $108.4B bid"},"content":{"rendered":"<div>\n<div><\/div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Paramount Skydance on Monday launched a hostile, $108.4 billion bid to buy Warner Bros. Discovery (WBD), days after Warner agreed to be acquired by Netflix for $82.7 billion. <\/p>\n<p class=\"wp-block-paragraph\">Paramount is going straight to WBD&rsquo;s shareholders with an all-cash offer of $30 per share, and it noted that its offer provides shareholders $18 billion more cash than the Netflix deal, which offered $23.25 in cash and $4.50 in Netflix shares for a total of $27.75 per share.<\/p>\n<p class=\"wp-block-paragraph\">Paramount is bidding for all of WBD, while Netflix&rsquo;s deal with the company only includes its Hollywood studios and streaming business. <\/p>\n<p class=\"wp-block-paragraph\">CNBC reported on Monday that these were the very terms from Paramount that WBD&rsquo;s board rejected a week ago.<\/p>\n<p class=\"wp-block-paragraph\">&ldquo;We believe the WBD Board of Directors is pursuing an inferior proposal which exposes shareholders to a mix of cash and stock, an uncertain future trading value of the Global Networks linear cable business and a challenging regulatory approval process,&rdquo; Paramount CEO David Ellison said in a statement. <\/p>\n<p class=\"wp-block-paragraph\">Paramount&rsquo;s offer is backstopped with equity financing from the Ellison family and the private-equity firm RedBird Capital, in addition to $54 billion of debt commitments from Bank of America, Citi, and Apollo.<\/p>\n<div class=\"internal-linking-related-contents\"><a href=\"https:\/\/jobuzo.com\/en\/12-weeks-jail-for-school-it-support-technician-who-took-upskirt-videos-of-teachers\/\" class=\"template-1\"><span class=\"cta\">News :<\/span><span class=\"postTitle\">&lt;div&gt;12 weeks' jail for school IT support technician who took upskirt videos of teachers&lt;\/div&gt;<\/span><\/a><\/div><p class=\"wp-block-paragraph\">Netflix came out on top on Friday after winning a bidding war against Paramount and Comcast, but Paramount&rsquo;s hostile bid is sure to drag on the battle for one of Hollywood&rsquo;s most iconic studios, a fight which has already stretched out for months.<\/p>\n<div class=\"wp-block-techcrunch-inline-cta\">\n<div class=\"inline-cta__wrapper\" readability=\"5.3\">\n<p>Techcrunch event<\/p>\n<div class=\"inline-cta__content\" readability=\"24.75\">\n<p>\n\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__location\">San Francisco<\/span><br>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__separator\">|<\/span><br>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__date\">October 13-15, 2026<\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">Netflix&rsquo;s proposed deal has already raised antitrust questions, as it would combine two of the most popular streaming platforms into one. Additionally, President Donald Trump has said the deal &ldquo;could be a problem&rdquo; because of the size of the combined companies&rsquo; market share.<\/p>\n<p class=\"wp-block-paragraph\">A deal between WBD and Paramount would also likely raise similar concerns.<\/p>\n<p class=\"wp-block-paragraph\">Netflix agreed to pay WBD $5.8 billion if the deal doesn&rsquo;t go through. WBD would have to pay Netflix $2.8 billion if the deal collapses.<\/p>\n<div class=\"internal-linking-related-contents\"><a href=\"https:\/\/jobuzo.com\/en\/migrant-acquitted-in-first-trial-over-us-border-military-zones\/\" class=\"template-1\"><span class=\"cta\">News :<\/span><span class=\"postTitle\">Migrant acquitted in first trial over US border military zones<\/span><\/a><\/div><p class=\"wp-block-paragraph\">Netflix did not immediately respond to a request for comment.<\/p>\n<\/div>\n<p><sub>Paramount goes to war with Netflix for Warner Bros. Discovery with hostile $108.4B bid<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paramount Skydance on Monday launched a hostile, $108.4 billion bid to buy Warner Bros. Discovery (WBD), days after Warner agreed to be acquired by Netflix for $82.7 billion. Paramount is going straight to WBD&rsquo;s shareholders with an all-cash offer of $30 per share, and it noted that its offer provides shareholders $18 billion more cash&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/jobuzo.com\/en\/paramount-goes-to-war-with-netflix-for-warner-bros-discovery-with-hostile-108-4b-bid\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Paramount goes to war with Netflix for Warner Bros. Discovery with hostile $108.4B bid&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":11852,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11851","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/11851","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=11851"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/11851\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/11852"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=11851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=11851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=11851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}