Hollywood War: Paramount Skydance Hijacks Netflix Deal with $108 Billion Hostile Bid—$18 BILLION More Cash for Shareholders!
the staff of the Ridgewood blog
Ridgewood NJ, Just days after the Warner Bros. Discovery (WBD) board tentatively agreed to sell its streaming and studio assets to Netflix for a reported $82.7 billion enterprise value, rival media giant Paramount Skydance has launched a massive, all-cash hostile takeover bid for the entire company, valuing WBD at a superior $108.4 billion.1
