A Paramount Play For WBD Seeks To Trump Netflix

Radio & Television Business Report

Author: Adam Jacobson
December 8, 2025 10:47 am

David EllisonDavid Ellison is fighting back against Netflix and its proposed $72 billion takeover of Warner Bros. — including HBO Max and the HBO cable TV channels — by commencing an all-cash tender offer that would see Paramount acquire all of Warner Bros. Discovery’s outstanding shares at a valuation of $30.

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