Netflix and Paramounts bidding war over Warner Bros, explained

6 days ago 2

A collage shows WB as an octopus on the foreground (in the middle) with two sharks on each of its sides (one representing Netflix and one - Paramount). Hollywood hill is seen on the background.

On Friday, December 5, Netflix announced that it would be acquiring Warner Bros. in a deal worth $82.7 billion. That made them the winners of a bidding war that kicked off in September, when Paramount just out of nowhere went, "hey, Warner Bros., mind if I buy you?" But Paramount's not quitting just yet. On Monday, December 8, Source: https://mashable.com/video/warner-bros-netflix-paramount-bidding-acquisition

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