Warner Bros. Discovery Stock (WBD) News Today: Netflix Deal vs. Paramount’s $30 Tender Offer, Antitrust Pushback, and What Comes Next (Dec. 14, 2025)
Warner Bros. Discovery closed Friday at $29.98 with 45.7 million shares traded, as takeover speculation intensified. Netflix has signed a deal to buy WBD’s studios and streaming business after a spin-off, while Paramount Skydance has launched a hostile all-cash bid for the entire company. Senator Tim Scott urged regulators to scrutinize the Netflix deal. WBD plans to respond to Paramount’s offer within 10 business days.