Hollywood’s latest clash of the titans: Netflix versus Paramount.
The two companies are battling to buy Warner Bros. Discovery (or, in Netflix’s case, just its streaming and studios assets).
The fight pits Paramount’s David Ellison, backed by his father Larry’s billions, against entertainment’s reigning champion of paid streaming.
WBD accepted Netflix’s bid, but it’s far from over, as Paramount went hostile last week with its own $108 billion offer. The WBD board on Wednesday recommended that shareholders reject that hostile offer. Now, it’s Ellison’s move. Will he sweeten his bid?
There are many facets to this story — and why it’s happening now — ranging from politics and antitrust to the rise of the creator economy.
Business Insider’s chief media and tech correspondent, Peter Kafka, and deputy media editor Nathan McAlone will answer the key questions about the deal and its implications, live on Thursday at 1:30 p.m. ET.
Email your questions to Nathan McAlone.
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