Brief by Shorts91 Newsdesk / 03:10pm on 08 Dec 2025,Monday Business
Paramount Skydance launched a hostile $108.4 billion all-cash bid for Warner Bros Discovery, disrupting Netflix's tentative $72 billion equity agreement secured Friday after weeks of bidding battles with Paramount and Comcast. Paramount's $82.7 billion offer including debt with a $5.8 billion break-up fee payable by Netflix, proposes $30 per share versus Netflix's $28 per share for assets. The deal faces intense antitrust scrutiny. Paramount accused Warner Bros of abandoning fair bidding, allegedly predetermining Netflix as winner. President Trump indicated the Netflix-Warner Bros combination raises market share concerns, telling reporters he'd have input. Bloomberg reported Trump met Netflix co-CEO Ted Sarandos mid-November, suggesting Warner Bros sell to the highest bidder. (PC: YouTube, Variety & Spyglass)
