Paramount launch bid for Warner Bros - what does it mean for you?
9 December - 8 minsParamount Pictures has launched a rival bid for Warner Bros Discovery.
They are attempting a hostile takeover after the company had already agreed to a buyout with streaming giant Netflix…
The Warner Brothers deal would give Netflix control of the studio behind franchises including Harry Potter, Batman and Superman, as well as HBO, home to shows including Game of Thrones, The White Lotus and Succession.
There are concerns that combining Warner’s HBO Max streaming service with Netflix could put the company over the 30% market share threshold in the US.
But, how will it directly affect you as a consumer?
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