Paramount Makes Rival Offer for Warner Bros. Discovery

Paramount Skydance has tabled a fresh $30‑a‑share offer for Warner Bros Discovery, aiming to outshine Netflix’s competing bid for the studio and streaming assets.

The proposal, backed by billionaire Larry Ellison’s family, would value the entire company at about $108.4 billion, well above Netflix’s $83 billion offer that includes debt.

Paramount claims its plan offers more cash upfront to shareholders and a higher chance of regulatory clearance, while Netflix’s deal faces antitrust worries over dominance in the streaming market.

U.S. President Donald Trump warned that “there could be a problem” with Netflix’s purchase, citing competition concerns, and indicated he may be involved in the approval process.

Paramount chief executive David Ellison told CNBC, “We have had great conversations with the president about the deal,” adding that he would not speak for the president.

Ben Barringer, head of technology research at Quilter Cheviot, said, “Paramount ultimately needs this deal more than Netflix,” describing the Warner Bros assets as “nice to have” for the streamer.

For Ghana, the outcome could affect subscription prices and content availability on local cable operators such as Multi‑TV and DSTV, as a combined Paramount‑Warner entity would control popular kids’ channels, sports rights and premium series.

Warner Bros shares rose more than three percent after the announcement, while Paramount shares also climbed; Netflix’s stock slipped.

The bids are expected to face scrutiny from U.S. and European competition regulators, and the final decision could reshape the global streaming landscape in the months ahead.

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