{"id":476601,"date":"2025-12-28T07:09:17","date_gmt":"2025-12-28T07:09:17","guid":{"rendered":"https:\/\/www.europesays.com\/us\/476601\/"},"modified":"2025-12-28T07:09:17","modified_gmt":"2025-12-28T07:09:17","slug":"how-netflix-paramount-sparked-a-108-billion-media-war-for-warner-bros-discovery","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/476601\/","title":{"rendered":"How Netflix, Paramount Sparked A $108 Billion Media War For Warner Bros. Discovery"},"content":{"rendered":"\n<p class=\"yf-7hmkaz\">The sale of HBO-owner <strong>Warner Bros. Discovery <\/strong><a class=\"link \" href=\"https:\/\/www.benzinga.com\/quote\/WBD?nid=49601180&amp;utm_campaign=partner_feed&amp;utm_content=site&amp;utm_medium=partner_feed&amp;utm_source=yahooFinance\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:(NASDAQ:;elm:context_link;itc:0;sec:content-canvas\">(NASDAQ:<\/a><a class=\"link \" href=\"http:\/\/finance.yahoo.com\/q?s=WBD\" rel=\"nofollow noopener\" data-ylk=\"slk:WBD;elm:context_link;itc:0;sec:content-canvas\" target=\"_blank\">WBD<\/a>) has become the entertainment and streaming industry\u2019s Game of Thrones, with <strong>Netflix Inc<\/strong> <a class=\"link \" href=\"https:\/\/www.benzinga.com\/quote\/NFLX?nid=49601180&amp;utm_campaign=partner_feed&amp;utm_content=site&amp;utm_medium=partner_feed&amp;utm_source=yahooFinance\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:(NASDAQ:;elm:context_link;itc:0;sec:content-canvas\">(NASDAQ:<\/a><a class=\"link \" href=\"http:\/\/finance.yahoo.com\/q?s=NFLX\" rel=\"nofollow noopener\" data-ylk=\"slk:NFLX;elm:context_link;itc:0;sec:content-canvas\" target=\"_blank\">NFLX<\/a>) and <strong>Paramount Skydance<\/strong> <a class=\"link \" href=\"https:\/\/www.benzinga.com\/quote\/PSKY?nid=49601180&amp;utm_campaign=partner_feed&amp;utm_content=site&amp;utm_medium=partner_feed&amp;utm_source=yahooFinance\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:(NASDAQ:;elm:context_link;itc:0;sec:content-canvas\">(NASDAQ:<\/a><a class=\"link \" href=\"http:\/\/finance.yahoo.com\/q?s=PSKY\" rel=\"nofollow noopener\" data-ylk=\"slk:PSKY;elm:context_link;itc:0;sec:content-canvas\" target=\"_blank\">PSKY<\/a>) battling for control.<\/p>\n<p class=\"yf-7hmkaz\">Warner Bros.\u2019 decision to favor <a href=\"https:\/\/www.benzinga.com\/m-a\/25\/12\/49228201\/netflix-to-acquire-warners-bros-discovery-in-massive-82-7-billion-deal-nflx-stock-falls-over-2-wbd-gains-3-in-premarket?nid=49601180&amp;utm_campaign=partner_feed&amp;utm_content=site&amp;utm_medium=partner_feed&amp;utm_source=yahooFinance\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Netflix\u2019s $82.7 billion offer;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Netflix\u2019s $82.7 billion offer<\/a> triggered a $108 billion <a href=\"https:\/\/www.benzinga.com\/m-a\/25\/12\/49265897\/cash-is-still-king-paramount-ceo-david-ellison-throws-108-billion-all-cash-bid-to-wbd-shareholders?nid=49601180&amp;utm_campaign=partner_feed&amp;utm_content=site&amp;utm_medium=partner_feed&amp;utm_source=yahooFinance\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:hostile takeover bid;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">hostile takeover bid<\/a> from Paramount for the company&#8217;s entire slate of media assets. The <strong>Larry Ellison<\/strong>-backed media firm, run by his son <strong>David Ellison<\/strong>, has urged Warner shareholders to sell their shares to Paramount.<\/p>\n<p class=\"yf-7hmkaz\"><strong>Don&#8217;t Miss:<\/strong><\/p>\n<p class=\"yf-7hmkaz\">Here\u2019s an updated timeline of what has happened so far\u2014<\/p>\n<ul class=\"yf-h8k6hx\">\n<li class=\"yf-h8k6hx\">\n<p class=\"yf-7hmkaz\"><strong>Dec. 22, 2025<\/strong>: Larry Ellison, worth more than $240 billion, is backing Paramount&#8217;s bid with a $40.4 billion personal guarantee. The amended offer follows Warner&#8217;s sharp criticism of Paramount&#8217;s $30-per-share proposal, which cited financing opacity and execution risk. Paramount urged shareholders to tender by Jan. 21 and raised its reverse termination fee to $5.8 billion<\/p>\n<\/li>\n<\/ul>\n<ul class=\"yf-h8k6hx\">\n<li class=\"yf-h8k6hx\">\n<p class=\"yf-7hmkaz\"><strong>Dec. 16<\/strong>: President <strong>Donald Trump<\/strong>\u2018s son-in-law, <strong>Jared Kushner<\/strong>, whose private equity firm had promised $200 million, <a href=\"https:\/\/www.benzinga.com\/markets\/tech\/25\/12\/49439613\/jared-kushners-affinity-partners-pulls-out-of-warner-bros-takeover-fight-report?nid=49601180&amp;utm_campaign=partner_feed&amp;utm_content=site&amp;utm_medium=partner_feed&amp;utm_source=yahooFinance\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:withdraws from Paramount&#039;s;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">withdraws from Paramount&#8217;s<\/a> bidding team.<\/p>\n<\/li>\n<\/ul>\n<p class=\"yf-7hmkaz\"><strong>See Also: Deloitte&#8217;s #1 Fastest-Growing Software Company Lets Users Earn Money Just by Scrolling \u2014 <a href=\"https:\/\/www.benzinga.com\/money\/mode-mobile-2?nid=49601180&amp;utm_campaign=partner_feed&amp;utm_content=site&amp;utm_medium=partner_feed&amp;utm_source=yahooFinance\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Accredited Investors Can Still Get In at $0.50\/Share.;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Accredited Investors Can Still Get In at $0.50\/Share.<\/a><\/strong><\/p>\n<ul class=\"yf-h8k6hx\">\n<li class=\"yf-h8k6hx\">\n<p class=\"yf-7hmkaz\"><strong>Dec. 10<\/strong>: Trump weighs in, <a href=\"https:\/\/www.benzinga.com\/news\/politics\/25\/12\/49326233\/trump-slams-cnn-as-disgrace-demands-network-be-sold-in-wake-of-warner-bros-discovery-deal?nid=49601180&amp;utm_campaign=partner_feed&amp;utm_content=site&amp;utm_medium=partner_feed&amp;utm_source=yahooFinance\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:slamming CNN as a \u201cdisgrace,\u201d;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">slamming CNN as a \u201cdisgrace,\u201d<\/a> and demands the news network be sold in the deal. That same day, Paramount CEO David Ellison sent a letter to Warner Bros. Discovery shareholders offering $30 per share in cash, arguing Paramount and partner <strong>RedBird Capital<\/strong> were best positioned to create long-term value.<\/p>\n<\/li>\n<\/ul>\n<ul class=\"yf-h8k6hx\">\n<li class=\"yf-h8k6hx\">\n<p class=\"yf-7hmkaz\"><strong>Dec. 1<\/strong>: Three bidders, Netflix, Comcast (NASDAQ:<a class=\"link \" href=\"http:\/\/finance.yahoo.com\/q?s=CMCSA\" rel=\"nofollow noopener\" data-ylk=\"slk:CMCSA;elm:context_link;itc:0;sec:content-canvas\" target=\"_blank\">CMCSA<\/a>), and Paramount, submit detailed offers, including details about their financing. Comcast proposes combining its NBCUniversal media company with Warner Bros. and HBO; Netflix improves its offer for the studios and HBO. Paramount increases its offer to $26.50 a share. Ellison\u2019s company had submitted several offers before this.<\/p>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"The sale of HBO-owner Warner Bros. Discovery (NASDAQ:WBD) has become the entertainment and streaming industry\u2019s Game of Thrones,&hellip;\n","protected":false},"author":3,"featured_media":476602,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[32129,171,92329,4659,15329,77684,173,67,132,68,1021],"class_list":{"0":"post-476601","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tv","8":"tag-david-ellison","9":"tag-entertainment","10":"tag-larry-ellison","11":"tag-netflix","12":"tag-paramount","13":"tag-paramount-skydance","14":"tag-tv","15":"tag-united-states","16":"tag-unitedstates","17":"tag-us","18":"tag-warner-bros"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115795943085578739","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/476601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=476601"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/476601\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/476602"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=476601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=476601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=476601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}