Paramount Submits $108.4 Billion Hostile Bid For Warner After Netflix Deal

Paramount Skydance fired off a $108.4 billion hostile bid for Warner Bros. Discovery on Monday, directly challenging Netflix’s $82 billion agreement announced last week. The offer was unsolicited and aimed at acquiring Warner’s television, film, and streaming assets, disrupting what was widely regarded as a completed deal with Netflix. Netflix clinched the original deal on Friday, pulling ahead after weeks of behind-the-scenes sparring with Paramount and Comcast.

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