{"id":305222,"date":"2025-12-08T15:25:07","date_gmt":"2025-12-08T15:25:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/305222\/"},"modified":"2025-12-08T15:25:07","modified_gmt":"2025-12-08T15:25:07","slug":"paramount-skydance-launches-rival-bid-for-warner-brothers-discovery","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/305222\/","title":{"rendered":"Paramount Skydance launches rival bid for Warner Brothers Discovery"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Netflix&#8217;s proposal values Warner Brothers&#8217; studio and streaming networks, including HBO, at about $83bn, including its debt, compared with Paramount&#8217;s offer, which values the entire company at $108.4bn.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Boards of both Netflix and Warner Brothers said on Friday that they supported the Netflix purchase, which they said would proceed after a planned spin-off of other parts of Warner Brothers&#8217; business into an independent company. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">But Mr Ellison, who had hoped to bolster Paramount&#8217;s own traditional television networks with those owned by Warner Brothers, said he thought an independent spin-off of those networks would set them up to fail and ultimately prove a mistake for shareholders.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;I think [its shares are] going to be worth a lot less than people are claiming,&#8221; he said. <\/p>\n","protected":false},"excerpt":{"rendered":"Netflix&#8217;s proposal values Warner Brothers&#8217; studio and streaming networks, including HBO, at about $83bn, including its debt, compared&hellip;\n","protected":false},"author":2,"featured_media":305223,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[96,391,56,54,55],"class_list":{"0":"post-305222","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tv","8":"tag-entertainment","9":"tag-tv","10":"tag-uk","11":"tag-united-kingdom","12":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/305222","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=305222"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/305222\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/305223"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=305222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=305222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=305222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}