{"id":2305093,"date":"2026-02-28T14:49:36","date_gmt":"2026-02-28T14:49:36","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2305093"},"modified":"2026-02-28T14:49:36","modified_gmt":"2026-02-28T14:49:36","slug":"middle-eastern-investors-back-111b-paramount-skydance-takeover-of-warner-bros-discovery-with-insane-sums","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/middle-eastern-investors-back-111b-paramount-skydance-takeover-of-warner-bros-discovery-with-insane-sums\/","title":{"rendered":"Middle Eastern Investors Back $111B Paramount-Skydance Takeover of Warner Bros. Discovery With Insane Sums"},"content":{"rendered":"<p><\/p>\n<div role=\"presentation\"><a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0144901\/\">Netflix<\/a> has officially stepped back from its bid to acquire <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0026840\/\">Warner Bros.<\/a> <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0870258\/\">Discovery<\/a>, leaving the path open for <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co1159016\/\">Paramount Skydance<\/a> to take over the media giant. Netflix had initially offered $83 billion in December for most of Wbd, which would have included HBO, <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0754095\/\">HBO Max<\/a>, and the Warner Bros. studios, while spinning off cable networks like <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0165168\/\">celebrity.land<\/a> into a separate company.<\/p>\n<p>Paramount Skydance, led by <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/name\/nm1911103\/\">David Ellison<\/a>, son of <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0765823\/\">Oracle<\/a> co-founder <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/name\/nm0255213\/\">Larry Ellison<\/a>, challenged Netflix with a higher all-cash offer. <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0858764\/\">Paramount<\/a> raised its bid to $31 per share, which Warner Bros. called a \u201csuperior proposal.\u201d<\/p>\n<p>Netflix decided not to match the new offer, saying in a statement, \u201cThe transaction we negotiated would&#8230;<\/p>\n<\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source www.imdb.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Netflix has officially stepped back from its bid to acquire Warner Bros. Discovery, leaving the path open for Paramount Skydance to take over the media giant. Netflix had initially offered $83 billion in December for most of Wbd, which would have included HBO, HBO Max, and the Warner Bros. studios, while spinning off cable networks [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2305094,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25177],"tags":[25538,31714,21751,22556,21993,22860,21912,21738,24141,22205,21913],"class_list":["post-2305093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-celebrities","tag-actors","tag-actresses","tag-celebrities","tag-directors","tag-films","tag-hollywood","tag-movies","tag-news","tag-stars","tag-television","tag-tv"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/02\/Middle-Eastern-Investors-Back-111B-Paramount-Skydance-Takeover-of-Warner-Bros.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2305093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2305093"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2305093\/revisions"}],"predecessor-version":[{"id":2305095,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2305093\/revisions\/2305095"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2305094"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2305093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2305093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2305093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}