Paramount Skydance (NASDAQ:PSKY) has made an all-cash offer to acquire Warner Bros. Discovery Inc (NASDAQ:WBD, XETRA:J5A) in a move directly challenging a previously announced deal with Netflix Inc (NASDAQ:NFLX, XETRA:NFC).
Paramount CEO David Ellison announced on Monday the company has launched an all-cash tender offer to acquire the outstanding shares of Warner Bros. Discovery.
Paramount launched a hostile takeover offer for Warner Bros. Discovery, taking its case for acquiring the company directly to shareholders just days after Warner agreed to a deal with Netflix.
Morning Brief Anchor Julie Hyman reports on the biggest news of the day for Monday, December 8, 2025. Julie reports the breaking news on Paramount Skydance making a hostile bid for Warner Bros.
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 has launched a £108.4bn hostile bid for Warner Bros, challenging Netflix, which had reached a $72bn takeover deal with the company.
Paramount Skydance CEO David Ellison is not ready to go down without a fight for Warner Bros. Discovery, making a counter offer that is $18 billion more than that offered by Netflix.
Get Forbes Breaking News Text Alerts: We're launching text message alerts so you'll always know the biggest stories shaping the day's headlines. Text “Alerts” to (201) 335-0739 or sign up here: joinsubtext.com/forbes.
Paramount Skydance took its bidding for Warner Bros. Discovery public with an offer of $30 a share in cash, just days after the company agreed to a deal with Netflix.
Paramount today announced it has commenced an all-cash tender offer to acquire all of the outstanding shares of Warner Bros. Discovery for $30.00 per share in cash. “The Paramount offer for the entirety of WBD provides shareholders $18 billion more incash than the Netflix consideration.
Paramount Skydance on Monday launched a $108.4 billion deal for Warner Bros Discovery , throwing a wrench into the $72 billion deal with Netflix in a last-ditch effort to create a media powerhouse that would challenge the dominance of the streaming giant.
David Ellison-run Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery.