Paramount vs. Netflix: $108 Billion Offer for Warner Bros. Discovery
The proposal from Paramount emerged just a few days after Warner Bros. agreed to a deal with Netflix. Previously, both giants, Paramount and Netflix, had competed for Warner Bros.' assets for several months. According to the latest news, on December 5, Netflix announced its intention to acquire only the Warner Bros. film studio and the HBO Max streaming service for $82.7 billion (at $27.75 per share). In contrast, Paramount is offering to acquire the entire Warner Bros. company, including