The contest for Warner Bros studio and streaming assets heated up over months, with Paramount and Netflix trading rival takeover bid
03 March, 2026
Paramount Skydance maintained its dogged pursuit of Warner Bros, launching a hostile campaign to wrest the prize from Netflix
27 February, 2026
Netflix shares jumped more than 10% after it declined to raise its offer
Netflix has ample cash and could bump up its offer for HBO Max owner, while Paramount’s rival bid is backed by Oracle billionaire Larry Ellison
24 February, 2026
Paramount also has backing from Affinity Partners, started by Jared Kushner, which has investments from funds in Qatar and the United Arab Emirates.
10 December, 2025
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