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Netflix backs out of bid for Warner Bros. Discovery, giving studios, HBO, and CNN to Ellison-owned Paramount

In a one-two punch of centibillion-dollar offers, the bidding war for Warner Bros. Discovery is over. David Ellison-owned Paramount will acquire Warner Bros. Discovery. Netflix has lost.

Netflix backs out of bid for Warner Bros. Discovery, giving studios, HBO, and CNN to Ellison-owned Paramount Read More »

Paramount goes to war with Netflix for Warner Bros. Discovery with hostile $108.4B bid

Paramount Skydance on Monday launched a hostile, $108.4 billion bid to buy Warner Bros. Discovery, days after Warner Bros. agreed to be acquired by Netflix for $82.7 billion.

Paramount goes to war with Netflix for Warner Bros. Discovery with hostile $108.4B bid Read More »

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