Paramount is making a hostile bid for Warner Bros Discovery (WBD), launching a fresh challenge against Netflix after the rival streamer announced a takeover deal with Warner last week.
Paramount said on Monday that it would go straight to WBD shareholders with a $30 per share cash offer (€25.75). That's compared to Netflix's offer of $27.75 in cash and stock, bringing the deal's value to $82.7bn (€70.99bn).
