Business & Economics

Paramount’s $108 B All-Cash Hostile Tender Upends Netflix–Warner Bros Deal

On 8 Dec 2025 Paramount Skydance bypassed Warner Bros. Discovery’s board and offered shareholders $30 per share in cash—valuing WBD at $108.4 billion—to derail the $72 billion cash-and-stock sale the board had already accepted from Netflix three days earlier.