Netflix, Paramount battle for Warner Bros. intensifies
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"Landman" claims the top spot on this week's streaming Top 10, launching past "Stranger Things" and Netflix's new Diddy doc
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.
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.
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.
Netflix is chill.