Paramount Outsmarts Netflix by Offering $108 Billion to Fight Over Broken Toys
KEY POINTS
- ā¢Paramount Skydance made a $108.4 billion hostile cash offer to buy Warner Bros. Discovery in 2025, after WBD's board favored Netflix.
- ā¢Netflix's $82.7 billion bid was previously accepted by WBD's board but excluded parts of the business, triggering Paramount's takeover attempt.
- ā¢Hostile takeovers have ranged from Elon Muskās $41.3 billion Twitter purchase in 2022 to Vodafone's $177.4 billion telecom acquisition in 2000.
In a corporate episode that makes family reunions look cordial, Paramount Skydance threw down a $108.4 billion all-cash bid to snatch Warner Bros. Discovery from Netflixās comparably paltry $82.7 billion offer. Paramount CEO David Ellison, clearly not a fan of sharing, candidly told shareholders they're on their own to 'maximize value'ābecause nothing screams 'team spirit' like going hostile. This place is a club of billion-dollar snatch-and-grabs, from Elon Muskās rollercoaster $41.3 billion Twitter tantrum in 2022, to Vodafoneās $177.4 billion thigh-slapping telecom grab in 2000. Letās not forget the Belgian beer wars, with $50.5 billion InBev forcing Budweiserās family to say 'Oktoberfest is over.' Hostile takeovers, the HOA meetings of the billionaire world, just keep scaling up while everyone pretends it's all business, not an episode of Corporate Survivor.
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Because why settle for Netflix when you can be the drama kingpin of a billion-dollar hostile soap opera? Paramountās like the kid who takes the ball and threatens to keep it forever.
Paramountās $108 billion bid screams 'Iām rich, Iām ruthless, and I donāt even like you guys.' Hostile takeover or dramatic ransom note? You decide.
Watching billion-dollar hostile takeovers is like binge-watching siblings fight over the remote, if the remote controlled entire media empires worth more than most countriesā GDP.
Source: Businessinsider | Published: 12/9/2025 | Author: Dominick Reuter,Katherine Li
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