Netflix wins bidding war for Warner Bros.
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Paramount is pushing the regulatory angle hard in the race for Warner Bros. Discovery, insisting it’s the only bidder that “offers a clear path to closing."
Lawyers for Paramount Skydance sent a letter to Warner Bros. Discovery CEO David Zaslav, expressing "grave concerns" about the alleged unfairness of WBD sales process. The attorneys suggested the Warner Bros.
Paramount fumes that Warner Bros. Discovery sale process is ‘unfair’ as Netflix jumps into the lead - While Paramount chief David Ellison thought he had a ‘Trump card’ in his bid to purchase Warner Bros.
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Paramount questions ‘fairness and adequacy’ of WBD auction process after reports Netflix may win
Netflix has made a mostly cash offer to purchase the Warner Bros. studio and HBO Max, while Paramount has submitted an all-cash bid for the entire company, The Post previously reported.
The David Ellison-led studio questions whether the bidding has been "tilted" and suggests Netflix has been receiving more favorable treatment so far in the auction.
The union says it has "significant concerns" over the potential deal that could see the streamer acquire a century-old Hollywood studio
Paramount, Netflix and Comcast all remain in the mix to acquire all or parts of Warner Bros Discovery (WBD), with new details emerging about the revised second-round bids submitted on Monday.
A chipmaker got a boost from strong guidance on Wednesday, Dec. 3, 2025, while the ongoing saga around the takeover of a rival weighed on a pair of entertainment giants.