
Latest Entertainment News
đź“…December 25, 2025 at 1:00 AM
Major media mergers dominate entertainment headlines with Netflix and Paramount Skydance battling for Warner Bros. Discovery, alongside celebrity biopics, sequels, and holiday buzz as 2025 ends.
1
Netflix and Paramount Skydance in Epic $100B Bidding War for Warner Bros. Discovery
Netflix announced a $82.7 billion deal on December 5, 2025, to acquire Warner Bros. Discovery's streaming and studios division, including HBO and Max. Paramount Skydance countered with a hostile $108.4 billion all-cash bid on December 8, backed by Larry Ellison's $40.4 billion financing.
The battle could reshape global streaming, with regulators likely demanding asset divestitures.
2
Paramount Skydance Eyes Higher Offer to Thwart Netflix's WBD Takeover
As of December 11, Paramount Skydance considers raising its bid by 10% to $33 per share, valuing WBD at $90 billion. This aims to disrupt Netflix's $86 billion adjusted deal at $30.75 per share.
Bidders like Comcast and Starz also vied for assets earlier.