Here’s a Look at Netflix and Its $72 Billion Offer for Warner Bros.
The U.S. Justice Department has intensified scrutiny of Netflix and Paramount's competing Warner Bros bids amid concerns over market share and media consolidation.
- This past week, the Justice Department's antitrust division deepened its examination of Paramount's hostile tender, requiring Warner Bros. Discovery to submit extensive market and competitive data.
- Paramount offers a $30-per-share hostile tender valuing near $108 billion, backed by Larry Ellison's $40.4 billion guarantee, extending to January 21, 2026.
- On December 23, 2025 regulators issued a second request for documents, extending the review and may include interviews with industry experts and company personnel for both Warner Bros. Discovery and Netflix.
- Warner Bros. Discovery's board has repeatedly rejected Paramount's proposal, most recently on January 7, 2026, while shareholders favor the Netflix deal as Paramount presses investors directly.
- The outcome could reshape Hollywood for years, influencing Warner Bros. franchises and streaming market share; Netflix's stock fell around 30% in recent months, likely affecting its share price this year.
12 Articles
12 Articles
The Department of Justice Starts an Investigation Into Warner Bros. Discovery Sale to Netflix & Its Fight With Paramount
The high-stakes battle for control of Warner Bros. Discovery continues to intensify, with antitrust scrutiny adding another layer of complexity to the ongoing corporate drama. Paramount Skydance, led by CEO David Ellison, maintains that its all-cash hostile tender offer of $30 per share represents a superior and more straightforward path to completion compared to the […] The post The Department of Justice Starts an Investigation Into Warner Bros…
It wouldn't be an exaggeration to call this acquisition the most important media acquisition of the century. Warner Bros. Discovery's board of directors unanimously rejected Paramount Skydance's second acquisition offer, stating that investors should also reject the new $108.4 billion offer, that the transaction was risky and leveraged, and that they should prefer the competing offer from Netflix. Why did Warner Bros. Discovery choose Netflix ov…
Warner Bros Games Lays Off Team Behind Free-to-Play Projects Amid Netflix Acquisition
We have just started 2026, but Warner Bros Games has already laid off staff at its San Francisco studio, with multiple affected employees confirming the cuts, GameDeveloper reports. The studio is part of WB Games’ Digital Publishing division and has worked on various mobile and free-to-play titles, including DC Worlds Collide and DC Legends. It also provided live operation support for MultiVersus. Several senior employees shared the news that th…
The lucrative deal will change the image of Hollywood as we know it.
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