Paramount sought the acquisition of Warner Bros. Discovery, while Netflix withdrew from the bidding war for the media giant.

The entities involved

• Warner Bros. Discovery →

  American mass media and entertainment conglomerate

  • Ellison is preparing to take control of CNN, while Paramount completes the acquisition of Warner Bros. Discovery, and Trump hosts Xi Jinping.Mon 17:21
  • Miral, chaired by Mohamed Khalifa Al Mubarak, is developing immersive destinations for Warner Bros. World Abu Dhabi.Mon 07:51
• Paramount →

  American record label 1917-1932

  • South Park celebrates successes with more Emmys than Trump's Apprentice and secures a major streaming deal with Paramount.Mon 11:26
  • South Park is satirizing Donald Trump's controversial renaming proposals, while Paramount serves as the parent company of the show.Mon 11:26
• Netflix →

  American subscription video on-demand over-the-top streaming service

  • HBO and Netflix are competing in the true crime documentary market, featuring a film on civil rights violations in Alabama.Mon 15:09
  • The Mayor of Kingstown series debuts on Netflix, alongside new streaming deals involving CBS Studios and Paramount+.Mon 11:22

Related events

• Netflix declined a higher bid from rival Paramount concerning the acquisition of Warner Bros. Discovery.Jun 26
• A company (ISI) abandoned its bid for Warner Bros. Discovery assets, leading to analyst rating changes and market speculation.Sep 14
• Netflix collected a termination fee related to a deal with Warner Bros. Discovery.Aug 29
• Paramount Pictures is being acquired by David Ellison's, while Netflix commissions new projects from David Fincher and executives move from Warner Bros.Aug 17
• Paramount sought FCC approval for foreign investments, while the DOJ cleared the company's acquisition of Warner Bros. Discovery, noting the competitive pressure on Netflix.Jun 13