Will Paramount increase its bid for Warner Bros. Discovery?

Yes, an industry expert involved in major media deals anticipates Paramount will likely submit a higher offer.

What is Netflix's offer for Warner Bros. Discovery?

Netflix has accepted a deal valued at $82.7 billion for Warner Bros. Discovery.

Who is Kevin Mayer and what is his prediction for WBD?

Kevin Mayer, Candle Media CEO, foresees more acquisition activity and higher bids for Warner Bros. Discovery.

Home / Business and Economy / Paramount Bid Sparks WBD Fireworks

Paramount Bid Sparks WBD Fireworks

10 Dec, 2025

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Summary

Paramount aims for Warner Bros. Discovery in $108 billion bid.
Netflix has accepted a $82.7 billion deal from Warner Bros. Discovery.
Industry expert predicts further offers for Warner Bros. Discovery.

Kevin Mayer, co-CEO of Candle Media and a former Disney executive, forecasts escalating bids for Warner Bros. Discovery (WBD). Mayer, instrumental in Disney's $71.3 billion Fox acquisition, stated that Paramount's current offer is unlikely to be its final. He anticipates a "sweetened and perhaps meaningfully sweetened offer" as the process unfolds, suggesting "more fireworks."

WBD recently accepted a $82.7 billion deal from Netflix, valuing each share at $27.75. However, Paramount Global has since made a hostile bid directly to shareholders for $30 per share, totaling $108 billion. Mayer views the competition as beneficial for WBD, driving up the acquisition price and seeing potential in Paramount's aggressive approach and the Ellison family's financial backing.