MINT·2025-12-09 05:45Core Insights - Netflix has announced a significant acquisition bid of $82.7 billion for Warner Bros. Discovery, which includes its film and television studios, HBO Max, and HBO, aiming to combine its entertainment service with Warner Bros.' iconic stories [1][3] - The company reassured its 301.6 million global subscribers that there will be no immediate changes to their service, and both streaming platforms will continue to operate separately until the deal is finalized [2][4] Acquisition Details - Netflix's offer consists of $27.75 in cash and stock, while Paramount Skydance Corp has made a competing bid of $108.4 billion, including debt, at $30 per share for a full acquisition of Warner Bros. Discovery [5][6] - Paramount's bid is for the entire Warner Bros. entity, whereas Netflix is specifically interested in the Hollywood studios, HBO, and the streaming business [6] Financial Implications - If Warner Bros. breaks its current agreement with Netflix, it will incur a $2.8 billion fee, while Netflix has committed to paying $5.8 billion if the deal does not proceed or fails to receive regulatory approval [7] Market Reactions - Reports indicate that Warner Bros. may reconsider the Netflix sale if offered around $33 per share, suggesting potential negotiations ahead [8]