"In just seven days, Hollywood has gone from thinking that Paramount was the inevitable winner of the David Zaslav-led media empire to the shock news that Netflix had signed a purchase agreement for the WB studio and streaming assets - only to wake up Monday to witness Paramount and its CEO David Ellison mounting a hostile takeover attempt for the company."
"But for the rest of us, what happens to Warner Bros. Discovery is about the fate of a whole bunch of beloved brands and channels, and the kinds of TV shows and movies and news reporting we'll get from them. So which of the two suitors - Netflix and Paramount - would do the best job as custodians of the Warner Bros. Discovery assets? Here's the current tale of the tape as seen on four key fronts:"
"HBO: "Casey Can Do Whatever He Wants" Hours after the deal was announced last Friday, one Warner Bros. Discovery veteran told me Netflix buying the company's studios and streaming business " may be the least worst option" for HBO vs. being folded into Paramount or Comcast. This person's thinking: Netflix has the money to keep the iconic brand fully-funded, plus the tech acumen and global reach to c"
In seven days the acquisition battle for Warner Bros. Discovery shifted from Paramount appearing the likely buyer to Netflix signing a purchase agreement for the studio and streaming assets, followed by Paramount mounting a hostile takeover led by CEO David Ellison. The takeover landscape remains uncertain with the possibility of Comcast or other bidders re-emerging. WBD shareholders are primarily evaluating which bid offers the greatest financial return. Public concern focuses on custody of beloved brands, channels, and the future of TV shows, movies, and news. Some insiders view Netflix as potentially the least-worst option for HBO given its resources, technology, and global reach.
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