Summary
Paramount and Netflix are both competing to buy Warner Bros Discovery. Netflix wants to purchase its studio and streaming sections, while Paramount aims to take over the whole company. Both bids will face regulatory scrutiny.
Key Facts
- Warner Bros Discovery is up for sale, with Netflix and Paramount as the main bidders.
- Paramount's bid includes purchasing the entire Warner Bros company, valuing it at $108.4 billion.
- Netflix's offer targets Warner Bros' studio and streaming divisions, valued at $82.7 billion.
- Netflix offers $23.25 per share with additional equity for shareholders.
- Paramount proposes an all-cash offer of $30 per share.
- Netflix's acquisition aims to strengthen its movie content against rivals.
- Paramount seeks to combine with Warner Bros for more industry influence and to scale up its operations.
- The deals will be reviewed by regulators in the U.S. and Europe for competition concerns.
