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The Independent UK
The Independent UK
National
Mae Anderson

What to know about bidding war between Netflix and Paramount for Warner Bros.

Warner Netflix Paramount Warner Bros Donald Trump Larry Ellison Matthew Dolgin Discovery
Netflix-Warner Bros - (Copyright 2025 The Associated Press. All rights reserved)

Warner Bros. is telling shareholders of the company that it believes a $72 billion buyout offer from Netflix is superior, and to reject a hostile takeover bid from Paramount Skydance.

Paramount went hostile with its bid last week, asking shareholders to reject the deal with Netflix favored by the board of Warner Bros.

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