Rival bidders have ditched financial logic in pursuing the studio’s owner. Yet there’s a way to avoid a damaging shootout: Paramount takes HBO and CNN while Netflix buys the movie business. At $109 bln including debt, or $32 per share in cash, a breakup has blockbuster potential.
NEW YORK, Dec 17 (Reuters Breakingviews) – Audiences love a Hollywood ending. Investors in the rival media giants fighting over Warner Bros Discovery (WBD.O), opens new tab might welcome one too. Paramount Skydance (PSKY.O), opens new tab and Netflix… [3949 chars]
Source: Reuters | Published: 2025-12-17T14:47:33Z
Credit: Reuters
