Watch live: Netflix and Paramount fight over Warner Bros. Discovery

Tech Insider : Business, Economy, Politics
Ellison headshot
Paramount CEO David Ellison wants to buy Warner Bros. Discovery — but has had his offers rejected multiple times.

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Why WBD's CEO never responded to David Ellison's text during the bidding war

Tech Insider : Business
Zaz Ellison
Warner Bros. Discovery CEO David Zaslav ignored Paramount Skydance CEO David Ellison's text before announcing the company's Netflix deal.

JC Olivera/Variety via Getty Images; Patrick T. Fallon/AFP via Getty Images

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

Here's what Netflix's co-CEOs are saying after WBD rejected Paramount's hostile bid

Tech Insider : Business
Netflix co-CEO Ted Sarandos
Netflix co-CEO Ted Sarandos at the "Black Rabbit" event.

Dia Dipasupil/WireImage

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

Jared Kushner's Affinity is stepping away from the Paramount-Warner Bros. bid

Tech Insider : Business
In this pool photograph distributed by the Russian state agency Sputnik, US special envoy Steve Witkoff and US President Donald Trump's son-in-law Jared Kushner attend a meeting with Russia's President at the Kremlin in Moscow on December 2, 2025.
Jared Kushner's private equity firm is stepping away from the Paramount bid for WBD.

Kristina Kormilitsyna / POOL / AFP via Getty Images

Netflix's bid to buy Warner Bros. hinges on a key question: Who does it actually compete with?

Tech Insider : Business, Sports
Netflix Stranger Things
"Stranger Things" maker Netflix could face regulatory scrutiny as it looks to buy Warner Bros.

COURTESY OF NETFLIX/Courtesy of Netflix/Netflix © 2025

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

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