Paramount launches $108B hostile takeover for Warner Bros, undercutting Netflix bid

Paramount Skydance Corp. launched a hostile takeover bid for Warner Bros. Discovery Inc. at $30 a share in cash on Monday, just days after the company agreed to a deal with Netflix Inc. The offer values Warner Bros. at $108.4 billion, including debt.

Another Hollywood giant launches hostile bid for Warner Bros., hoping to sideline Netflix

Any sale will be scrutinized by the federal government, and President Donald Trump warned the Netflix deal “could be a problem.”

In a takeover of Warner Bros., Netflix makes a play for 21st century Hollywood's throne

Hollywood is in a brave new world

The Albanian Army Conquers Hollywood: How Netflix's $82.7 Billion Warner Bros. Acquisition Followed 25 Years of Dismissed Warnings.

Hollywood executives spent decades mocking Netflix's ambitions. Now, the streaming giant will own Harry Potter, the DC Comics extended universe, and HBO in one historic mega-deal.

Reviews are in, and Hollywood insiders aren't pleased with the Netflix-Warner Bros. deal

The deal has raised concerns about job cuts, a lack of competition, and the future of the movie theater industry.

Paramount launches a hostile takeover bid for Warner Bros. Discovery

Paramount has gone straight to Warner Bros. Discovery’s shareholders with an all-cash offer in an extraordinary endeavor to gain control of Hollywood’s most sought-after prize — a bid that Netflix beat on Friday.
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