Home > NewsRelease > Paramount Skydance Goes Hostile for Warner Bros. Discovery, Challenging Netflix’s $82.7 Billion Deal
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Paramount Skydance Goes Hostile for Warner Bros. Discovery, Challenging Netflix’s $82.7 Billion Deal
From:
Kathleen Greenler Sexton --- Subscription Expert Kathleen Greenler Sexton --- Subscription Expert
For Immediate Release:
Dateline: Boston, MA
Monday, December 8, 2025

 
Paramount Skydance has launched a hostile, all-cash tender offer to acquire all of Warner Bros. Discovery (WBD) for $30 per share, valuing the company at roughly $74.4 billion in equity and about $108.4 billion in enterprise value. The move goes directly to WBD shareholders and is positioned as a richer, simpler alternative to Netflix’s previously announced $72 billion equity / $82.7…
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