(FILES) The Paramount logo is displayed on screen during the Paramount Pictures presentation at The Colosseum at Caesars Palace at CinemaCon 2025 in Las Vegas, Nevada, on April 3, 2025. Paramount counters Netflix with cash bid for Warner Bros. Discovery according to a statement relaeased on December 8, 2025. (Photo by VALERIE MACON / AFP)
December 8, 2025
Paramount counters Netflix with cash bid for Warner Bros Discovery
WASHINGTON, United States (AFP)—Paramount launched an all-cash tender offer Monday to acquire Warner Bros. Discovery for $30 per share, challenging a previously announced deal between WBD and Netflix.
The offer values the entertainment giant at $108.4 billion and represents a 139 percent premium over WBD’s September stock price of $12.54, Paramount said in a statement that called Netflix’s bid “inferior and uncertain.”
“WBD shareholders deserve an opportunity to consider our superior all-cash offer,” said David Ellison, chairman and CEO of Paramount.
