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December 9, 2025

Paramount Skydance Launches Hostile Takeover Bid for Warner Bros. Discovery
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Paramount Skydance has launched a nearly $78 billion hostile takeover
offer for Warner Bros. Discovery, just days after Warner Bros. accepted
a $72 billion deal from Netflix. Paramount said it has secured funding
commitments from the sovereign wealth funds of Saudi Arabia, Abu Dhabi
and Qatar, along with support from Affinity Partners, the private equity
firm run by Jared Kushner, President Trump's son-in-law. President Trump
reportedly favors Paramount to acquire Warner Bros. Discovery, and
remarked over the weekend that he'll intervene in the federal review
process of Netflix's proposed deal. We'll have more on this story later
in the broadcast.


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