Dec 05, 2025
3 min read
Paramount Skydance, whose CEO David Ellison is friendly to the Trump administration, wanted to buy WBD outright and made multiple offers for the entire portfolio.
The Trump Administration looks with "big skepticism" On NetFlix's occupying issue of 72 billion, IMan Javers on Friday morning.
Netflix announced on Friday that it will acquire Warner Bros.to the film studio and streaming service, HBO Max.The transaction is subject to regulatory approval.
Sen. Elizabeth Warren, D-Mass., said, "This deal looks like an antitrust nightmare."
"Netflix-Warner Bros. would create a massive media giant with control of nearly half of the streaming market — threatening to force Americans into higher subscription prices and fewer choices about what and how they watch, putting American workers at risk," Warren said in a statement.
"Under Donald Trump, the confirmation process has become politicized and corrupted," Warren said.
Paramount Skydance made multiple bids for all of WBD, as opposed to a subset of the company's assets.
The final special offer, held Wednesday evening, was $30 per share, all cash, as previously announced.
Comcast also bid for WBD's movie and streaming properties.
The New York Post reported Thursday that "Paramount Skydance chief David Ellison met with Trump officials and key lawmakers in Washington on Wednesday to lobby against Warner Bros.' potential choice."Discovery from Netflix as merger partner."
Ellison's billionaire father, Larry Ellison, is close to President Donald Trump.
On Thursday, The Wall Street Journal reported that Paramount, in a letter to lawyers for WBD, warned that a sale to Netflix would likely "never close" due to regulatory challenges in the US and abroad.
- The purchase of studios and studio assets, extending Netflix's dominance in matters not covered by family or foreign law, wrote top lawyers.
Netflix's purchase of WBD's assets is expected to be completed, subject to regulatory approval, once WBD completes its previously planned spin-off of Discovery Global, currently scheduled for the third quarter of 2026.
Channel access will include CNN, TTnt sport and access channels.
The Securities and Exchange Commission said Netflix agreed to pay a $5.8 billion rebate if the deal is not approved.
Questions asking for feedback from Netflix, WBD, Talent and Comcast.
Before taking his first term in the White House, Trump opposed AT&T's deal to buy Time Warner, saying it concentrated power in the hands of a few.
After taking office, the Department of Justice in November 2017 was surprised in the effort to prevent sex.
The Justice Department lost that lawsuit and the merger was closed in June 2018.
Before the 2024 presidential election, Trump opposed the sale of the American story in Nippon by Japan's NIPPON. But after the White House reinstallation in January, Trump in June signed another order agreeing to the merger, after the companies signed a national security agreement with the US government.
The deal gives the U.S. government a "golden share" of the combined company, which Trump claims gives him "total control."
Experts said the move gives the government a big say in corporate governance.
Correction: Senior Administration official says Trump Administration is looking for 'serious doubts.'
Disclosure: Comcast is the parent company of NBC News, which owns CNBC.They will become the new parent company of the tribe's planned Comcast subscription.
