News-News.Zip

News in English (USA) / 05.12.2025 / 00:00

Warner Bros. Discovery Sale Heats Up as Bidding War Intensifies

The bidding war for Warner Bros. Discovery continues to escalate, with Netflix emerging as the highest bidder. Sources indicate that Netflix has made a significant majority cash offer, outpacing competition from Paramount, which has alleged that the sales process is unfair and biased towards Netflix. Paramount has responded by raising its breakup fee to $5 billion in an effort to bolster its bid. Concerns over antitrust implications are also surfacing, as the White House reportedly discusses these issues in light of the bidding. While both media giants position themselves for a potential acquisition, the outcome remains uncertain as Warner Bros. Discovery seeks to narrow the field of bidders amid mounting tensions.
CNBC, Deadline, New York Post, Reuters, Yahoo Finance, Los Angeles Times, Bloomberg.com, The Hollywood Reporter, Defector, Variety