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Today — 10 December 2025Main stream
Before yesterdayMain stream

Paramount Makes Hostile Bid for Warner Bros. Discovery

The offer to shareholders comes days after Warner Bros. agreed to sell its streaming and studio business to Netflix.

© Aleksey Kondratyev for The New York Times

Warner Brothers Studios in Burbank, Calif.

Netflix Deal for Warner Bros. Adds New Twist to Rivalry With HBO

7 December 2025 at 18:02
Netflix’s blockbuster deal to buy Warner Bros., including HBO, is the latest twist in a rivalry that has reshaped the entertainment industry.

© Jordan Strauss/Invision, via Associated Press

Ted Sarandos, now co-chief executive officer of Netflix, recently recalled his reaction to HBO’s refusal in 2010 to license its shows: Netflix had to make original programs of its own.
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