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WBD Board Backs Netflix Over Paramount

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Created December 17, 2025

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Video Transcript

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Big money on the line as Warner Bros. Discovery's Board urges shareholders to refuse Paramount

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Skydance's "inferior" proposal. While Paramount offers $30 per share, the Board recommends

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Netflix's $72 billion bid, valuing shares at $27.75 but excluding WBD's cable operations.

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Why? They see Netflix's deal as more stable, with no contingencies or foreign capital.

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Despite Paramount's persistent attempts, the Board emphasizes WBD's robust financial health,

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positioning Netflix's offer as the clear winner. Is this the beginning of a new era for

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WBD? Stay tuned for the drama.

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