Paramount's bid differs from Netflix's bid in that it is aimed directly at shareholders, they are offering the entire bid in cash and they want to keep all of Warner Bros Discovery intact.
Netflix announced on Friday its intention to buy Warner Bros. for $27.75 per share in a deal that values the company at $82.7 billion. The deal would be paid in part through Netflix shares. The transaction is not expected to close until after the Discovery Global television business is spun off in the third quarter of 2026, Netflix said at the time.
Trump's views
Paramount Skydance, on the other hand, wants to keep the television business within the same company. According to sources to CNBC, Paramount also highlights that with their better relationship with US President Donald Trump and a smaller share of the market, they can more smoothly and quickly obtain regulatory approval for the deal.
However, if Netflix's purchase of Warner Bros, HBO Max and HBO goes through, the streaming giant would gain "a very large market share" which "could be a problem," says US President Donald Trump.
Netflix's multi-billion dollar deal was announced a few days ago and is now being reviewed by federal regulators.
"I will be involved in that decision," Donald Trump told reporters on Sunday.
Many people want to have
The deal, which would give Netflix access to both older and contemporary hits such as “The Sopranos,” “Friends” and the Harry Potter films, has sparked concern and anger within Hollywood about what it could mean for the platform’s ability to compete in the future.
Comcast has also previously shown interest in buying Warner Bros Discovery.
