Paramount Skydance Launches $108 Billion Hostile Bid for Warner Bros. Discovery, Challenging Netflix’s Megadeal and Rewriting the Streaming Wars
Paramount Skydance has detonated a bomb under Hollywood’s biggest pending merger. On December 8, 2025, the company unveiled a hostile all‑cash bid for Warner Bros. Discovery (WBD) worth $108.4 billion, a move designed to derail Netflix’s already‑announced acquisition of Warner’s