Paramount makes a hostile bid amidst the Warner Bros. and Netflix amalgamation After a weeks-long battle, the bid war between Paramount, Netflix, and Comcast came to an end with Netflix on top. Netflix secured a $72 billion deal for Warner Bros Discovery’s streaming and studio segments. But now, it seems the bid war is far […]
It’s Official; Netflix Wins the Bid War!
Christmas comes a bit early! Okay, the news is out! Netflix wins the deal. This was one hell of a bid war as Netflix rivaled Comcast and Paramount for ownership. As per the reports, the deal closed with Netflix offering $28 per share and with Paramount offering $27. Comcast and Netflix were enticed to the […]
Netflix Leading in Warner Bros. Discovery Bid War!
This punt can bring Netflix’s 300M subscribers with HBO Max’s 128M subscribers under one umbrella The bid war just got intriguing on the Homefront. Netflix has emerged at the forefront thanks to cash and a strong relationship with the CEOs. Paramount Skydance, and Comcast had submitted their parts of the deals, but with different goals. […]