The battle for Warner Bros. is not over yet. After Netflix announced on Friday that it would buy the majority of the Warner Bros. entertainment assets, Paramount on Monday announced that it would offer billions more to buy the entirety of Warner Bros. Discovery as part of a hostile takeover bid.
Specifically, Paramount is offering $30 per share, compared to $27.75 from Netflix. That works out to $18 billion more in cash than Netflix. Additionally, Paramount wants to buy the entirety of WBD, not just the majority of the key entertainment assets that Netflix is proposing to buy.
Paramount’s $30-per-share offer works out to a total enterprise value of $108.4 billion, which Paramount said is a 139% premium on where the company was trading at in September 2025. The value of Netflix’s offer was $82.7 billion.
This is an intriguing development in the entertainment industry! The competition between Paramount and Netflix is sure to shake things up. It will be interesting to see how this situation unfolds and what it means for the future of both companies.
It’s definitely an interesting turn of events! The rivalry between Paramount and Netflix could reshape not just their futures, but also the entire landscape of streaming and content production. It’ll be fascinating to see how this impacts viewer choices and content diversity moving forward.
Absolutely, it’s a fascinating situation! The outcome could significantly reshape the streaming landscape, especially as both companies have different content strategies. It’ll be intriguing to see how this impacts viewer choices in the long run.