Founder, Standard General
Appears in 1 story
Reported to be in talks about investing in or acquiring WBD’s TV networks assets (including CNN)
After Netflix and Warner Bros. Discovery announced their $72 billion equity-value agreement on December 5, the transaction quickly became a live bidding contest and a regulatory test case. On December 8, Paramount Skydance launched an unsolicited all-cash tender offer for all of WBD at $30 per share, seeking to derail the Netflix deal and keep the company intact (including the networks slated for the Discovery Global spin-off). Within days, Netflix began a coordinated shareholder push backing its signed merger agreement and emphasizing regulatory execution, while WBD prepared formal filings to respond to the tender offer.
Updated Dec 11, 2025
No stories match your search
Try a different keyword
How would you like to describe your experience with the app today?
