THE TRUTH ABOUT: 5 - Caught on Camera

Whether Netflix or Paramount buys Warner Bros., entertainment oligopolies are back – bigger and more anticompetitive than ever

News of Netflix’s bid to buy Warner Bros. last week sent shock waves through the media ecosystem.

The Conversation · Dec 12, 2025

Why does Netflix want to buy Warner Bros? To copy, not kill, traditional TV

The recent news that Netflix has agreed to buy part of Warner Bros Discovery (WBD) for US$83 billion (£61.8 billion), followed by Paramount Global’s hostile counterbid to acquire WBD in its entirety for US$108.4 billion (£81 billion), has triggered shockwaves through Hollywood and the wider entertainment industry.

The Conversation · Dec 11, 2025

Berlusconi's MFE backs Paramount over Netflix in Warner Bros ownership battle

Italy’s largest media group, MFE-MediaForEurope, has publicly thrown its support behind Paramount’s hostile bid for Warner Bros Discovery, arguing that Paramount’s offer would preserve competition in the global streaming market.

Euronews · Dec 11, 2025

David Ellison Net Worth Explained: How the Paramount Chief Is Funding a Historic Hostile Takeover

David Ellison's net worth and financial backing come into focus as Paramount launches a historic hostile takeover bid for Warner Bros Discovery.

International Business Times UK · Dec 9, 2025

David Ellison's $30 Offer to Buy Warner Bros. Discovery Could Change the Shows You Watch

David Ellison offers $30 per share to buy Warner Bros., beating Netflix's $27.75 bid. Shareholders will choose between two contrasting visions for the company's future by 8 January.

International Business Times UK · Dec 9, 2025

Asian shares slip after Wall Street pulls back from its record heights

Asian shares are mostly lower after U.S. stocks pulled away from their record heights

The Independent UK · Dec 9, 2025

Netflix CEO brushes aside Paramount’s ‘entirely expected’ hostile bid, ‘superconfident’ of closing deal with Warner Bros. Discovery

The Netflix co-CEO also said he’s talked with the president “many times” since the election, and that he’ll be good to movie theaters once he’s running a studio.

Fortune · Dec 8, 2025

Why has Paramount Skydance launched a hostile bid for Warner Bros Discovery – and what happens now?

The future of some of the world’s most prominent media and entertainment businesses hangs in the balance

The Guardian - US · Dec 8, 2025

The Historic Netflix-Warner Merger May Not Be As Certain As You Think

A new player has entered the corporate arena.

Inverse · Dec 8, 2025

Hostile takeover launched over Netflix-Warner deal with new $108B Paramount bid after Sarandos woos Trump at White House

The Netflix chief’s pilgrimage to DC came as Paramount’s ownership believed it had the inside track to acquire Warner Bros. due to the Ellison family’s close ties to the president.

The Independent UK · Dec 8, 2025