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Paramount Skydance launches hostile bid for WBD 'to finish what we started,' CEO Ellison tells CNBC
Market Intelligence Analysis
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Why This Matters
Paramount Skydance has initiated a hostile bid for Warner Bros. Discovery (WBD) as CEO Ellison expresses a desire to complete previous ambitions. Despite Netflix's recent acquisition of WBD's film studio and HBO Max, it has opted not to pursue WBD's TV networks, indicating a strategic focus on content rather than broader network ownership.
Market Impact
Market impact analysis based on bearish sentiment with 76% confidence.
Sentiment
Bearish
AI Confidence
76%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Netflix won a bidding war for the Warner Bros. film studio and HBO Max streaming service, but it doesn't plan to buy WBD's TV networks.
Original article published by
CNBC
on December 8, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.