Paramount Makes $108 Billion Hostile Bid for Warner Bros. #media #shorts

Netflix agreed to acquire Warner Brothers for $83 billion including debt in one of the largest media tie-ups ever. But with Paramount making a hostile bid, will the deal get done. The agreement to unite a Silicon Valley upstart with one of Hollywood's most storied studios was carefully navigated by Netflix's management.Co-CEO Ted Sarandos even ventured to the White House in November to get Donald Trump's blessing for the deal. But then on Sunday, President Trump veered off script, saying that the Netflix Wa ...