How Netflix, Paramount Sparked A $108 Billion Media War For Warner Bros. Discovery
The sale of HBO-owner Warner Bros. Discovery (NASDAQ:WBD) has become the entertainment and streaming industry’s Game of Thrones, with Netflix Inc (NASDAQ:NFLX) and Paramount Skydance (NASDAQ:PSKY) battling for control. Warner Bros.’ decision to favor Netflix’s $82.7 billion offer triggered a $108 billion hostile takeover bid from Paramount for the company’s entire slate of media assets. … Read more