Middle Eastern money raised questions about Paramount's WBD bid — but that's not why Netflix won

Tech Insider : Politics, Business
David Ellison with a purple background
Paramount CEO David Ellison wanted to use $24 billion of funding from Saudi Arabia, Qatar and Abu Dhabi to help fund his bid for Warner Bros. Discovery.

PATRICK T. FALLON/AFP via Getty Images

Warner Bros. Discovery rejects Paramount's bid and says shareholders should go with Netflix

Tech Insider : Business
Zaslav vs Ellison
Warner Bros. Discovery CEO David Zaslav didn't choose the offer from Paramount Skydance and CEO David Ellison.

Leon Bennett/GA/The Hollywood Reporter via Getty Images; Shannon Finney/WireImage

Read the letter Netflix's co-CEOs sent to reassure staffers about its bid to buy Warner Bros.

Tech Insider : Business
netflix
Ted Sarandos, Co-CEO, Netflix, Bela Bajaria, CCO, Netflix, Greg Peters, Co-CEO, Netflix and Cody Rhodes attend Netflix's Debut of WWE Monday Night Raw at Intuit Dome on January 06, 2025 in Inglewood, California.

Roger Kisby/Getty Images for Netflix

David Ellison told Warner Bros. shareholders it's 'not too late' to switch teams from Netflix to Paramount

Tech Insider : Business
Paramount Skydance CEO David Ellison speaks during the Bloomberg Screentime conference in Los Angeles on October 9, 2025.
David Ellison told WBD shareholders that it's "not too late" to switch teams from Netflix to Paramount.

PATRICK T. FALLON/AFP via Getty Images

Why the fate of HBO depends on how little CNN is worth

Tech Insider : Business, Sports
Broken TV sets with logos of CNN, TBS, and TNT
Warner Bros. Discovery will spin out its television networks. But how much they're worth depends on the bidder.

Getty Images; Alyssa Powell/BI

What Hollywood's real-life drama means for you

Tech Insider : Business, Technology
Paramount Pictures, Warner Bros and Netflix studios

Mario Tama; NurPhoto/ Getty Images

Leaked Paramount memo reveals what CEO David Ellison told staffers about its hostile bid for Warner Bros. Discovery

Tech Insider : Business, Sports
Netflix vs Paramount
Netflix co-CEOs Ted Sarandos and Greg Peters are battling Paramount Skydance's David Ellison for control of Warner Bros.

Lisa Lake/Getty Images for Netflix; Paramount Skydance

Netflix's co-CEO Ted Sarandos shares how he pitched Trump on the Warner Bros. deal

Tech Insider : Business
Sarandos Trump 2x1
Netflix co-CEO Ted Sarandos appealed to President Donald Trump as he battles Paramount Skydance's David Ellison for control of Warner Bros.

Theo Wargo/Getty Images; Taylor Hill/FilmMagic

Netflix vs. Paramount: Why each media giant says it has the best Warner Bros. Discovery offer

Tech Insider : Business
David Ellison of Paramount Skydance and Ted Sarandos of Netflix are mounting rival bids for Warner Bros. Discovery.
David Ellison of Paramount Skydance and Ted Sarandos of Netflix are mounting rival bids for Warner Bros. Discovery.

Patrick T. Fallon / AFP / Steve Granitz/FilmMagic

Saudi Arabia, Qatar, and Abu Dhabi want to put billions into Paramount/WBD. Why?

Tech Insider : Business
Larry Ellison and David Ellison in 2013
Larry Ellison, one of the richest men in the world, and his son David want to buy Warner Bros. Discovery. They'd like to use money from Saudi Arabia and two other petrostates to make that happen. (Photo by Eric Charbonneau/Getty Images for The Hollywood Reporter)

Eric Charbonneau/Getty Images for The Hollywood Reporter

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