Paramount lanza oferta hostil por Warner Bros., desafiando propuesta de compra de Netflix

Published: Monday, December 8, 2025 at 7:31 pm

Paramount Launches Hostile Bid for Warner Bros., Challenging Netflix's Acquisition

NEW YORK - Paramount has launched a hostile takeover bid for Warner Bros. Discovery, escalating the battle to acquire the media giant. This move directly challenges Netflix's previously agreed-upon acquisition of the company, which owns assets like HBO, CNN, and DC Studios.

Paramount's offer, valued at $74.4 billion, surpasses Netflix's initial bid of $72 billion. Paramount's proposal aims to acquire the entirety of Warner Bros., including its cable business, which Netflix reportedly did not include in its offer. Paramount stated that its decision to go hostile followed unsuccessful attempts to engage with Warner Bros. management.

The Paramount bid includes more cash than Netflix's offer and argues that it is more likely to pass antitrust scrutiny. Netflix has not commented on Paramount's challenge, but previously downplayed concerns about regulatory opposition to a merger.

The unfolding situation has drawn political attention, with figures from both major parties weighing in. Concerns have been raised about the potential impact on streaming prices, cinema employment, and the diversity of entertainment options. President Donald Trump has also expressed interest in the deal, potentially due to the combined market share of a Netflix-Warner merger.

Adding to the complexity, a regulatory filing revealed that an investment firm led by Jared Kushner, Trump's son-in-law, is also investing in Paramount's deal.

Paramount, led by David Ellison, has stated that its offer would create a stronger Hollywood and promote competition. The company has also made moves to acquire news outlets and appoint editors with a focus on balanced reporting.

The Paramount offer is set to expire on January 8th unless extended. Market reactions have been positive for Warner Bros. and Paramount, while Netflix shares have seen a decrease.

BNN's Perspective: The battle for Warner Bros. highlights the evolving media landscape and the intense competition among streaming giants. While the political involvement adds a layer of uncertainty, the ultimate outcome will likely depend on regulatory approvals and the financial attractiveness of each offer to Warner Bros. shareholders. The potential impact on consumers and the industry as a whole warrants careful consideration.

Keywords: Paramount, Warner Bros., Netflix, Acquisition, Hostile Takeover, Media, Streaming, Donald Trump, David Ellison, Jared Kushner, HBO, CNN, DC Studios, Antitrust, Entertainment, Market Share, Competition, Shares

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