Netflix Makes Highest Bid to Acquire Warner Bros. Discovery

Netflix Makes Highest Bid to Acquire Warner Bros. Discovery


This could make all the difference in the heated media battle, though the David Zaslav-led entertainment giant asked for a third round of bids due Thursday that could change the game once again. But David Ellison’s Paramount stands as the streaming giant’s toughest competitor in the battle for Warner Bros. The company sent two letters to WBD’s legal team this week, one Monday warning them that a Netflix deal would likely never close due to regulatory issues; and one Wednesday accusing the board of favoring Netflix during negotiations.

Author: Kayla Cobb


Published at: 2025-12-04 21:51:22

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