{"id":1686,"date":"2025-12-08T15:09:11","date_gmt":"2025-12-08T15:09:11","guid":{"rendered":"https:\/\/microvibenews.com\/?p=1686"},"modified":"2025-12-08T15:09:11","modified_gmt":"2025-12-08T15:09:11","slug":"paramount-skydance-launches-rival-bid-for-warner-brothers-discovery","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=1686","title":{"rendered":"Paramount Skydance launches rival bid for Warner Brothers Discovery"},"content":{"rendered":"

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Natalie Sherman<\/span>Business reporter<\/span><\/p>\n<\/div>\n

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\"WarnerWarner Brothers Discovery<\/span><\/div>\n<\/div>\n

Warner Brothers Discovery is owner of HBO, known for shows like Sex and the City <\/figcaption><\/p>\n<\/figure>\n
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Paramount Skydance has made another offer to buy Warner Brothers Discovery as it seeks to trump a rival offer from Netflix to buy the company’s studio and streaming networks. <\/p>\n

Paramount, which is backed by the billionaire Ellison family, said it was making a direct offer to shareholders of $30 per share to scoop up the entire company, including its traditional television networks.<\/p>\n

It said its proposal was a “superior alternative” to the one from Netflix, delivering more cash upfront to shareholders and greater prospect of approval by regulators. <\/p>\n

President Donald Trump has said “there could be a problem” with Netflix’s purchase<\/a>, pointing to competition concerns given the size of the companies. <\/p>\n<\/div>\n

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Speaking on CNBC, Paramount chief executive David Ellison said Netflix’s takeover of Warner Brothers Discovery would be “anti-competitive”, arguing it would give the company too much power over actors and other players in the industry.<\/p>\n

“It’s a horrible deal for Hollywood,” he said. He also said he had had “great conversations” with Trump about the deal and believed the president cared about competition. <\/p>\n<\/div>\n

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Netflix’s proposal values Warner Brothers’ studio and streaming networks, including HBO, at about $83bn, including its debt, compared with Paramount’s offer, which values the entire company at $108.4bn.<\/p>\n

Boards of both Netflix and Warner Brothers said on Friday that they supported the Netflix purchase, which they said would proceed after a planned spin-off of other parts of Warner Brothers’ business into an independent company. <\/p>\n

But Mr Ellison, who had hoped to bolster Paramount’s own traditional television networks with those owned by Warner Brothers, said he thought an independent spin-off of those networks would set them up to fail and ultimately prove a mistake for shareholders.<\/p>\n

“I think [its shares are] going to be worth a lot less than people are claiming,” he said. <\/p>\n<\/div>\n<\/div>\n

#Paramount #Skydance #launches #rival #bid #Warner #Brothers #Discovery<\/p>\n","protected":false},"excerpt":{"rendered":"

Natalie ShermanBusiness report… <\/p>\n","protected":false},"author":1,"featured_media":1687,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[242],"tags":[],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/1686"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1686"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/1686\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/1687"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}