Paramount Bids $30/Share All-Cash for Entire WBD, Outbidding Netflix

• Paramount Skydance has made an all-cash offer of $30 per share to acquire the entire Warner Bros Discovery (WBD).
• Paramount's bid is presented as a "superior alternative" to Netflix's previous offer of $27.75 per share for only WBD's studio and streaming networks.
• Paramount's chairman, Ellison, stated their offer provides $17.6 billion more cash to shareholders than the Netflix deal.
• Donald Trump expressed concerns about Netflix's potential acquisition of WBD, citing competition issues due to Netflix's large market share.

Why It Matters: This signals a major bidding war for Warner Bros Discovery, impacting media.