Paramount seeks to outbid Netflix with $40bn Ellison-backed Warner Bros offer

Ripplesnigeria | 23-12-2025 08:32pm |

The contest for control of Warner Bros. Discovery (WBD) escalated on Monday as Paramount Skydance submitted an amended all-cash takeover bid, reinforcing its proposal with substantial backing from Oracle founder and billionaire Larry Ellison in a renewed attempt to outflank rival suitor Netflix. In a statement announcing the revised offer, Paramount disclosed that Ellison has

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