Netflix is paying $27.75/share to Warner Bros. Discovery for its film studios, including Warner Bros., as well as HBO and HBO Max. Netflix's accepted offer values the WBD equity at $72 billion, or about $82.7 billion, including debt.

On Friday, 5, Netflix announced that it would be acquiring Warner Bros. in a deal worth $82.7 billion. That made them the winners of a bidding war that kicked off in Sept

The hostile offer may outmuscle Netflix on price, but WBD’s decision hinges on competing futures: a clean reset under Paramount or a deeper strategic alignment with the world’s dominant streamer.

In September, various outlets reported that Paramount was weighing a takeover of Warner Bros. Discovery; in October, Warner Bros. Discovery reportedly rejected several bids from Ellison’s company. Then Netflix swooped in and won the bidding war.

Paramount just announced a $77.9 billion hostile takeover bid for Warner Bros. Discovery. The tender offer comes days after Netflix launched its $72 billion agreement to acquire the company.

After if it who will be Netflix or Paramount ending up owning Warner Bros, the next question is what role, if any, wil David Zaslav have onve everything is approved

No, it’s not Netflix’s quest to acquire Warner Bros. Discovery. It’s Sumner Redstone’s long and painful struggle with Barry Diller to control Paramount three decades ago. The outcome reordered the media industry and created a new Hollywood dynasty.

Paramount’s bid for Warner, if completed, would be the biggest hostile tender offer in a competitive process to succeed. The current largest is Royal Bank of Scotland’s deal for National Westminster Bank, completed in 2000 and valued at over $36 billion, according to LSEG data.

Warner Bros. Discovery's cable networks like CNN and TBS are not worth as much as the company's deal with Netflix implies, Paramount claims.

Paramount is taking its case to Warner Bros. Discovery shareholders after launching a hostile takeover offer to pry the company away from Netflix.

Independent media analyst Tim Mulligan discusses Paramount Skydance's offer to buy Warner Bros. Discovery for $108.4bn.