Paramount rivals Netflix deal as the company launches a huge $108.4 billion takeover bid for Warner Bros Discovery. Adding a dramatic twist to the global streaming battle. This new offer comes just days after Netflix secured a $72 billion equity deal for Warner Bros Discovery’s TV, film, and streaming divisions. Paramount’s latest move signals a direct challenge to Netflix’s position.
Paramount has offered $30 per share to buy the entire company, compared with Netflix’s nearly $28 per share offer for its assets. Analysts say this aggressive offer shows Paramount’s ambition to build a powerful entertainment group that can compete with major streaming giants. The Paramount rivals Netflix deal story also grew after Paramount accused Warner Bros of favoring Netflix and ignoring a fair bidding process. Reports claim Warner Bros leaders even called Netflix’s proposal a “slam dunk”.
The takeover battle is expected to face strong regulatory pressure. US President Donald Trump said the Netflix–Warner Bros combination could raise concerns about market power. Netflix co-CEO Ted Sarandos met Trump in mid-November and was told the company should sell to the highest bidder. Netflix also faces political pressure from lawmakers and unions who fear job cuts and higher prices for customers.
Morningstar analysts warned that the merged business could struggle unless Netflix raises prices or keeps separate platforms. Still, Netflix believes the deal will benefit viewers, talent, and shareholders.
Netflix aims to secure long-term control of Warner Bros’ popular franchises to expand into gaming, live entertainment, and consumer products. Access to this large content library would help Netflix grow globally. As both companies make their strongest moves, the Paramount rivals Netflix deal remains one of Hollywood’s most intense takeover fights.
