Paramount Claims WBD Is Overvaluing CNN, TBS and Other TV Networks — Alleging That Means Netflix’s Deal Is Worse for Shareholders

Dec 9, 2025 3:37pm PT Paramount Claims WBD Is Overvaluing CNN, TBS and Other TV Networks — Alleging That Means Netflix’s Deal Is Worse for Shareholders By Todd Spangler Plus Icon Todd Spangler NY Digital Editor xpangler Latest Paramount Claims WBD Is Overvaluing CNN, TBS and Other TV Networks — Alleging That Means Netflix’s Deal Is Worse for Shareholders 12 minutes ago Disney Nominates Former Apple Exec Jeff Williams to Board of Directors 2 hours ago Paramount Pictures X Account Hacked to Read ‘Proud Arm of the Fascist Regime’ 3 hours ago See All A core argument of Paramount Skydance‘s hostile takeover bid for Warner Bros. Discovery is this: WBD’s cable networks like CNN and TBS are not worth as much as the David Zaslav-led company’s deal with Netflix implies, Paramount claims. It’s hard to do an apples-to-apples comparison of the two proposals.