Paramount Makes $108.4B Hostile Bid for WBD, Upending Netflix Deal

• Paramount launched a $108.4 billion hostile bid for Warner Bros Discovery, challenging Netflix's earlier $72 billion deal.
• Paramount's offer is $30 per share, aiming to create a media powerhouse, while Netflix's bid was nearly $28 per share for WBD assets.
• The bid introduces antitrust concerns, with Paramount questioning WBD's sale process and alleging unfair bidding.
• U.S. President Trump and lawmakers have expressed concerns about the Netflix-WBD deal regarding market share, job cuts, and consumer prices.
• Netflix seeks WBD's IP to expand into gaming and broader consumer ecosystems.

Why It Matters: This bid could reshape the streaming industry and media landscape.