Business

Paramount Launches $108.4 Billion Hostile Bid to Buy Warner Bros.

‘We’re really here to finish what we started,’ Paramount Skydance CEO David Ellison said.
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Paramount Launches $108.4 Billion Hostile Bid to Buy Warner Bros.
The Paramount Global logo, in this illustration taken on Dec. 17, 2024. Dado Ruvic/Illustration/Reuters
Andrew Moran
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In a last-ditch effort to acquire the Warner Bros. entertainment empire, Paramount Skydance has launched a hostile bid to purchase the company’s legacy assets.

Last week, streaming juggernaut Netflix outlasted competitors in a months-long battle to buy Warner Bros., beating out Paramount and Comcast.

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Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."