Paramount isn’t giving up without a fight as Netflix tries to buy Warner Bros. Discovery. Last week, Netflix surprised the entertainment industry by making an offer for WB. While many thought Paramount was leading the negotiations, Warner Bros. ultimately accepted Netflix’s deal. Now, Paramount is responding with a counter-offer.
According to reports, Paramount has made a new offer to buy Warner Bros. Discovery. This time, they’re proposing a full cash payment of $30 for every share of WB stock. Unlike previous attempts to only purchase WB’s film and streaming assets (like HBO and HBO Max), Paramount now wants to acquire the entire company, including its television networks such as CNN, TNT, and TBS.
The deal, proposed on December 1st, was turned down as Warner Bros. Discovery ultimately chose Netflix’s offer. Comcast was also competing to acquire Warner Bros. Netflix paid $72 billion for the film and HBO Max businesses, valuing the entire company at $82.7 billion.
Paramount Attempts a Hostile Takeover of Warner Bros. Discovery
Paramount is trying to acquire Warner Bros. Discovery through what amounts to a hostile takeover. They’ve made an initial offer, as stated in a recent announcement.
Paramount argues its offer to Warner Bros. Discovery shareholders is a better deal than the proposed one with Netflix. They claim their offer provides more certain and higher value, while the Netflix deal is risky, complicated, and faces potential delays and uncertainties from regulatory reviews.
When looking at the offers, Paramount proposed a straightforward, all-cash deal worth $108.4 billion, covering all of Warner Bros. Discovery’s debt. Netflix, on the other hand, made an offer that Paramount considers complicated and less stable, valuing the company at $82.7 billion, but without including the TV business.
Paramount’s offer is supported by several key players, including Oracle co-founder Larry Ellison, who is the father of Skydance CEO David Ellison, and the investment firm RedBird Capital Partners. Significant financial backing also comes from Saudi Arabia, Qatar, and Abu Dhabi, with $54 billion in debt commitments provided by Bank of America, Citi, and Apollo Global Management.
Ellison stated that Warner Bros. Discovery shareholders should have the chance to review their offer to buy the entire company with cash. He emphasized that this offer – the same one previously presented to the Warner Bros. Discovery Board – offers better value and a faster, more guaranteed completion process.
We’re concerned that the Warner Bros. Discovery board is considering a deal that isn’t in the best interest of its shareholders. This proposal would give shareholders a combination of cash and stock, involves risks with the future value of their cable business, and may be difficult to get approved by regulators.
I truly believe the best way forward is to go directly to the shareholders. We want to empower them to make the decision that’s best for their investment and get the most value possible from their shares. It’s about putting the power back in their hands.
Read More
- Zerowake GATES : BL RPG Tier List (November 2025)
- Clash Royale codes (November 2025)
- LINK PREDICTION. LINK cryptocurrency
- T1 beat KT Rolster to claim third straight League of Legends World Championship
- How Many Episodes Are in Hazbin Hotel Season 2 & When Do They Come Out?
- Hazbin Hotel Voice Cast & Character Guide
- All Battlecrest Slope Encounters in Where Winds Meet
- Sydney Sweeney Is a Million-Dollar Baby
- Apple TV’s Neuromancer: The Perfect Replacement For Mr. Robot?
- Fionna and Cake Season 2 Confirms Finn & Huntress Wizard’s Relationship Status (But It Probably Won’t Last)
2025-12-08 19:11