Companies

Netflix appears to be in the driver’s seat on Warner Bros. bid as board rejects Paramount offer

December 17, 2025

Warner Bros. Discovery's board has firmly rejected a $108.4 billion hostile takeover bid from Paramount, asserting that the offer lacks sufficient financing assurances and misled shareholders. Instead, the board is advocating for its agreement with Netflix, stating that it presents a more secure and advantageous path for shareholders.

Netflix appears to be in the driver’s seat on Warner Bros. bid as board rejects Paramount offer

Key Highlights

Warner Bros. Discovery rejected Paramount's $108.4 billion hostile takeover bid.
The board claimed Paramount's offer lacked adequate financing and misled shareholders.
Warner Bros. supports its merger with Netflix as a superior option for shareholders.
The rejection was communicated in a letter to shareholders on December 17, 2025.
Analysts and market experts support Warner's stance against the Paramount bid.

Mergers, Acquisitions and Divestitures Media Warner Bros. Discovery Regulation and Deregulation of Industry Video Recordings, Downloads and Streaming Netflix Inc Paramount Global

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Netflix appears to be in the driver’s seat on Warner Bros. bid as board rejects Paramount offer

Key Highlights

Sources

Related Stories

Amagi cuts IPO fundraise to ₹816 crore to broaden investor base

Who was Agnivesh Agarwal? Vedanta Group Chairman Anil Agarwal's son dies at age of 49 in US due to..., know his education, net worth

Penny stock under Re 1 Dharan Infra-EPC his upper circuit; here's why