Paramount pushes quick DOJ review of Warner Bros. bid amid bidding war with Netflix - News Summed Up

Paramount pushes quick DOJ review of Warner Bros. bid amid bidding war with Netflix


Paramount Skydance Corp. is pressing to complete a Justice Department antitrust review of its tender offer for Warner Bros. The Justice Department might sue to block Netflix, increasing Paramount’s chances of winning Warner Bros. without needing to raise its $30-a-share all-cash bid. “We remain focused on the value Netflix and Warner Bros. can create together,” the spokesperson was quoted as saying. Warner Bros. shareholders are expecting Paramount to raise its offer. Paramount CEO David Ellison said that combining Netflix, HBO, and Warner Bros. would create the largest paid streaming company in the world.


Source: Mint February 07, 2026 11:21 UTC



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