Paramount Launches Hostile Warner Bros. Bid
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Netflix announced a blockbuster deal to acquire Warner Bros.' film and TV studios, HBO and HBO Max last week. But will regulatory challenges halt it?
The offer to shareholders comes days after Warner Bros. agreed to sell its streaming and studio business to Netflix.
Jared Kushner's financing role in Paramount's $108 billion bid for Warner Bros Discovery injects Trump-family interests into one of the biggest media battles in years, raising concerns over whether the president's influence could tip the scales.
David Ellison has launched a hostile takeover bid for Warner Discovery, taking his case directly to shareholders after Netflix clinched a deal.
The mounting battle to purchase one of Hollywood’s biggest prizes — Warner Bros. Discovery — has captured President Donald Trump’s attention as he sees his own interests entwined in the transaction and appears poised to try to influence its outcome.