Paramount Launches $108bn Hostile Bid to Block Netflix–WBD Deal

Hollywood’s biggest takeover saga in a decade has taken a dramatic turn. Paramount Skydance, led by David Ellison, has launched a hostile $108.4 billion bid to acquire Warner Bros Discovery (WBD), just days after Netflix announced an agreement to buy major WBD assets for $82.7 billion. The move not only challenges Netflix’s position as the … Continue reading Paramount Launches $108bn Hostile Bid to Block Netflix–WBD Deal