How Netflix, Paramount Sparked A $108 Billion Media War For Warner Bros. Discovery [Yahoo! Finance]
Warner Bros. Discovery, Inc. - Series A (WBD)
Company Research
Source: Yahoo! Finance
Warner Bros.' decision to favor Netflix's $82.7 billion offer triggered a $108 billion hostile takeover bid from Paramount for the company's entire slate of media assets. The Larry Ellison -backed media firm, run by his son David Ellison , has urged Warner shareholders to sell their shares to Paramount. Don't Miss: These five entrepreneurs are worth $223 billion – they all believe in one platform that offers a 7-9% target yield with monthly dividends An EA Co-Founder Shapes This VC Backed Marketplace— Now You Can Invest in Gaming's Next Big Platform Here's an updated timeline of what has happened so far— Dec. 22, 2025 : Larry Ellison, worth more than $240 billion, is backing Paramount's bid with a $40.4 billion personal guarantee. The amended offer follows Warner's sharp criticism of Paramount's $30-per-share proposal, which cited financing opacity and execution risk. Paramount urged shareholders to tender by Jan. 21 and raised its reverse termination fee to $5.8 billion
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- 11/6/25 - Miss
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Sec Filings
- 12/23/25 - Form 4
- 12/23/25 - Form 4
- 12/23/25 - Form 4
- WBD's page on the SEC website