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CNBC Media NewsDec 08, 2025
Here's what to expect in Paramount's quest to elbow out Netflix and buy Warner Bros. Discovery
Paramount's all-cash tender offer sets up a potentially monthslong battle between it and Netflix to influence WBD shareholders about which bid is best.

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CNBC Media NewsDec 08, 2025
Paramount Skydance launches hostile bid for WBD 'to finish what we started,' CEO Ellison tells CNBC
Netflix won a bidding war for the Warner Bros. film studio and HBO Max streaming service, but it doesn't plan to buy WBD's TV networks.
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