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Paramount just dropped a full-blown hostile bid for Warner Bros, a massive $108B all-cash offer meant to shut down Netflix’s $72.5B move. David Ellison is skipping the board entirely and taking the fight straight to the shareholders. With HBO Max and a century-old studio at stake, Hollywood’s biggest showdown...

458,939 görüntüleme • 7 ay önce •via X (Twitter)

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🇺🇸 LARRY ELLISON’S SON GOES ALL-IN: $30-A-SHARE HOSTILE BID FOR WARNER BROS. DISCOVERY David Ellison just detonated Hollywood’s biggest power play of the decade. Skydance and Paramount CEO went live on CNBC to announce a $30-per-share all-cash hostile tender offer for Warner Bros. Discovery — a $41 billion equity deal valued at $54 billion enterprise-wide. He told CNBC’s Squawk Box: “We’re really here to finish what we started… Our offer is $30 a share, all cash, backed by the Ellison family, Redbird Capital, Citibank, Bank of America, and Apollo. Cash is still king.” Ellison’s move comes just three days after Netflix’s $82.7 billion cash-and-stock bid for WBD’s studios, HBO, and streaming platforms. His pitch: simplicity and certainty. He’s offering $17.6 billion more in cash than Netflix, faster regulatory clearance, and what he calls a “pro-consumer, pro-creative, pro-competition” deal. The Netflix offer, partly stock-based and excluding WBD’s global networks like CNN and HBO International, raised antitrust red flags by creating a 400-million-subscriber superstreamer. Ellison argued that combining Skydance, Paramount, and WBD would instead balance the market,“strong but not monopolistic.” Hollywood talent is reportedly cheering Ellison’s move, calling it a stand for theaters and creativity after Netflix chief Ted Sarandos’ comment that “theatrical releases aren’t essential.” Bottom line: Ellison’s “cash is king” strategy is a masterclass in corporate brinkmanship. If successful, it could mark the rebirth of studio-driven Hollywood... one where storytellers, not algorithms, take the lead. Sources: CNBC, Reuters; Bloomberg, Variety, Hollywood Reporter

Mario Nawfal

224,573 görüntüleme • 7 ay önce