Netflix-Warner Bros. Discovery Deal: Paramount’s Ellison-Backed Counterbid, Antitrust Pressure, and What It Means for Crave in Canada
December 19, 2025 — The battle for Warner Bros. Discovery’s crown-jewel entertainment assets just entered a more volatile phase, with a major WBD shareholder signaling it would consider a revised Paramount Skydance offer—if the bidder fixes the very financing and