Netflix is putting all its chips on the table for Warner Bros.

Paramount Skydance on Monday (Dec 8) launched a hostile bid worth US$108.4 billion for Warner Bros Discovery, in a last-ditch effort to outbid Netflix and create a media powerhouse that would challeng...

Paramount, which is backed by the billionaire Ellison family, said it was making a direct offer to shareholders of $30 per share to scoop up the whole of Warner Bros, including its traditional televis...