Paramount launched an all-cash tender offer on Monday to acquire Warner Bros. Discovery for $30 per share. The move directly challenges a previously announced deal between Warner Bros. Discovery (WBD) and Netflix. This sets up a fierce battle between Paramount and Netflix for one of Hollywood’s most iconic studios. Read More: Netflix to acquire Warner Bros Discovery for […]
Hollywood mergers
Netflix explores $72B Warner Bros deal after Trump meeting
Netflix co-CEO Ted Sarandos met with U.S. President Donald Trump in November to discuss a potential $72 billion acquisition of Warner Bros, sources reported. The meeting reportedly centered on whether the deal would receive federal support, with Trump indicating that Warner Bros should sell to the highest bidder. Sarandos left the discussion believing that the […]