{"id":23823,"date":"2025-12-13T08:12:45","date_gmt":"2025-12-13T08:12:45","guid":{"rendered":"https:\/\/finderica.com\/?p=23823"},"modified":"2025-12-13T08:12:45","modified_gmt":"2025-12-13T08:12:45","slug":"the-high-stakes-behind-the-netflix-paramount-bidding-war-for-warner-bros","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=23823","title":{"rendered":"The High Stakes Behind the Netflix\/Paramount Bidding War For Warner Bros."},"content":{"rendered":"<div>\n<p><span>Opinions are mixed but concerns abound over a Warner Bros. merger with either Netflix or Paramount.<\/span><\/p>\n<div class=\"mb-4\"><span>After Netflix announced last week that it\u2019s reached a deal with Warner Bros. Discovery to acquire the Warner Bros. studios and streaming assets, Paramount, days later, announced a hostile bid (direct to shareholders) for Warner Bros. Discovery in its entirety \u2014 studios and streaming assets plus cable channels, which include CNN. <\/span><\/div>\n<p><span>\u201cTo buy something like Warner Bros. Discovery, holy cow, that\u2019s a big library, and it raises all kinds of interesting future strategy questions,\u201d says Kathryn Harrigan, Henry R. Kravis Professor of Business Leadership at Columbia Business School. <\/span><\/p>\n<p><span>Further, she says, Paramount\u2019s decision to go directly to shareholders is intriguing. \u201cIt remains to be seen whether that is an attractive enough offer or not,\u201d Harrigan says. <\/span><\/p>\n<div class=\"mb-4\">\n<h2 class=\"heading font-gotham-display text-[1.5rem] font-bold\">What a merger could mean for workers and creators<\/h2>\n<\/div>\n<p><span>If the deal goes to Netflix, which largely favors streaming over theatrical releases, cinephiles worry that this will be the beginning of the end for the movie theater business. <\/span><\/p>\n<p><span>There are also labor concerns: Whether Netflix or Paramount prevails, company redundancies or restructuring could mean significant layoffs. Consolidation would likely mean fewer bidders on or producers of creative projects, shrinking the landscape of TV shows and films. Translation: Fewer and shorter theatrical releases, and potentially fewer gutsy projects overall (\u00e0 la Severance or Seinfeld). <\/span><\/p>\n<p><span>\u201cWhat you\u2019re seeing is only certain streaming services really can make prestige TV or push the envelope,\u201d says Anthony Palomba, assistant professor of business administration at the University of Virginia\u2019s Darden School of Business and an expert on the entertainment industry. \u201cArtists now have fewer venues to create new content.\u201d<\/span><\/p>\n<div class=\"mb-4\">\n<div data-nw-tracking=\"{&quot;impression&quot;:{&quot;event&quot;:&quot;feature_viewed&quot;,&quot;properties&quot;:{&quot;entity_name&quot;:&quot;wp_dynamic_placement&quot;,&quot;content_id&quot;:1911453}}}\">\n<div class=\"max-w-3xl rounded border border-neutral-200 p-4 bg-white\" id=\"user-engagement-banner\" data-nw-tracking=\"{&quot;impression&quot;:{&quot;event&quot;:&quot;User Engagement House Ad Viewed&quot;,&quot;setEventGroupId&quot;:&quot;643d251f-aefe-44ae-b4bc-67ef1c8dab78&quot;,&quot;properties&quot;:{&quot;entity_name&quot;:&quot;app_download_banner&quot;,&quot;event_name&quot;:&quot;User Engagement House Ad Viewed&quot;,&quot;segment_attributes&quot;:{&quot;banner_variant&quot;:&quot;MoneyNerdSubscribeV2&quot;}}},&quot;click&quot;:{&quot;event&quot;:&quot;User Engagement House Ad CTA Clicked&quot;,&quot;properties&quot;:{&quot;entity_name&quot;:&quot;app_download_banner&quot;,&quot;action&quot;:&quot;click&quot;,&quot;interaction_type&quot;:&quot;click&quot;,&quot;event_name&quot;:&quot;User Engagement House Ad CTA Clicked&quot;,&quot;parent_event_id&quot;:&quot;643d251f-aefe-44ae-b4bc-67ef1c8dab78&quot;,&quot;segmentAttributes&quot;:{&quot;banner_variant&quot;:&quot;MoneyNerdSubscribeV2&quot;}}}}\">\n<div class=\"grid grid-cols-1 gap-4 md:grid-cols-[1fr_300px]\">\n<div class=\"flex flex-col gap-2\">\n<h3 class=\"heading font-gotham-display text-base font-bold\">Meet MoneyNerd, your weekly news decoder<\/h3>\n<p><span><span><span>So much news. So little time. SS&#8217;s new weekly newsletter makes sense of the headlines that affect your wallet. <br \/><\/span><span><\/span><\/span><\/span>  <astro-island uid=\"10EQAP\" prefix=\"r23\" component-url=\"https:\/\/www.nerdwallet.com\/sp\/assets\/UserEngagementCtaButton.D-Y-a7sT.js\" component-export=\"default\" renderer-url=\"https:\/\/www.nerdwallet.com\/sp\/assets\/client.hOvpQ7AO.js\" props=\"{&quot;buttonText&quot;:[0,&quot;Subscribe for free&quot;],&quot;buttonAction&quot;:[0,&quot;redirect&quot;],&quot;buttonUrl&quot;:[0,&quot;https:\/\/moneynerd-nerdwallet.beehiiv.com\/&quot;],&quot;qrCodeImageUrl&quot;:[0,&quot;https:\/\/www.nerdwallet.com\/assets\/blog\/wp-content\/uploads\/2025\/01\/0lgrn933_qr_code1.png&quot;]}\" ssr=\"\" client=\"load\" opts=\"{&quot;name&quot;:&quot;UserEngagementCtaButton&quot;,&quot;value&quot;:true}\" await-children=\"\"><button class=\"w-full text-xs-half bg-green-700 px-4 py-4 text-white font-semibold hover:bg-green-800\">SUBSCRIBE FOR FREE<\/button><!--astro:end--><\/astro-island>   <\/div>\n<figure class=\"flex flex-col\">\n<div class=\"flex-1 overflow-hidden bg-cover bg-top bg-no-repeat bg-neutral-lightest relative\" style=\"\">\n<div class=\"h-full w-full\">  <\/div>\n<\/p><\/div>\n<\/figure><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"mb-4\">\n<h2 class=\"heading font-gotham-display text-[1.5rem] font-bold\">The regulatory and political hurdles<\/h2>\n<\/div>\n<p><span>In either case, regulators would have to approve the final deal. For Netflix, at least, the agreement is expected to close in 12 to 18 months.<\/span><\/p>\n<p><span>One wild card: President Trump, who has said he\u2019ll probably be involved in the decision, and that in terms of Netflix versus Paramount, he \u201chas to see what percentage of market they have.\u201d He\u2019s also said it\u2019s \u201cimperative\u201d that CNN be sold.   <\/span><\/p>\n<p><span>\u201cIt remains to be seen who eats who right now,\u201d Palomba says. \u201cAll of the bidders are tech and media and that could result in a lengthy battle.\u201d<\/span><\/p>\n<div class=\"mb-4\">\n<h2 class=\"heading font-gotham-display text-[1.5rem] font-bold\">The takeaway for subscribers <\/h2>\n<\/div>\n<p><span>When Netflix made its announcement, Harrigan says, &#8220;What everybody wanted to know was, \u2018Does this mean I\u2019m going to have this Netflix subscription where I can see all of this great stuff?\u2019 And I said, \u2018Don\u2019t count on it.\u2019\u201d<\/span><\/p>\n<p><span>The legal reality, Harrigan says, is that video properties have clauses that control how much it costs to exhibit them on your content menu, and those costs vary tremendously. \u201cSo it\u2019ll be very interesting to see what happens,\u201d she says. <\/span><\/p>\n<div class=\"mb-4\"><span>For streamers, merging streaming subscriptions feels like it could be a budget (and library) win, but Warner Bros. Discovery CEO David Zaslav also reportedly told staff that HBO Max will remain a standalone service. And with less competition, Netflix has room to charge more, Palomba says. <\/span><\/div>\n<p><span>\u201cIt does feel as though we\u2019re going to have less quality content for a higher price,\u201d Palomba says. \u201cI\u2019m genuinely worried for artists and I\u2019m genuinely worried for consumers, no question about it.\u201d <\/span><\/p>\n<div class=\"mt-0 mb-0\"><span><span class=\"italic\">This is an excerpt from SS\u2019s free weekly email newsletter, MoneyNerd. <\/span><a class=\"text-blue dark:text-blue-light hover:underline\" href=\"https:\/\/moneynerd-nerdwallet.beehiiv.com\/\" target=\"_blank\" data-nw-tracking=\"{&quot;impression&quot;:{&quot;event&quot;:&quot;link_viewed&quot;,&quot;setEventGroupId&quot;:&quot;a82eb07c-2a19-45b3-ad0b-12089c1a3d42&quot;,&quot;properties&quot;:{&quot;entity_name&quot;:&quot;link&quot;,&quot;destination_url&quot;:&quot;https:\/\/moneynerd-nerdwallet.beehiiv.com\/&quot;,&quot;link_copy&quot;:&quot;${el.innerText}&quot;}},&quot;click&quot;:{&quot;event&quot;:&quot;link_clicked&quot;,&quot;properties&quot;:{&quot;entity_name&quot;:&quot;link&quot;,&quot;parent_event_id&quot;:&quot;a82eb07c-2a19-45b3-ad0b-12089c1a3d42&quot;}}}\" rel=\"noopener\"><span class=\"italic\">Click to subscribe<\/span><\/a><span class=\"italic\">.<\/span><\/span><\/div>\n<\/div>\n<p><a href=\"https:\/\/www.nerdwallet.com\/finance\/news\/netflix-paramount-bidding-war\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Opinions are mixed but concerns abound over a Warner Bros. merger with either Netflix or Paramount. After Netflix announced last week that it\u2019s reached a deal with Warner Bros. Discovery to acquire the Warner Bros. studios and streaming assets, Paramount, days later, announced a hostile bid (direct to shareholders) for Warner Bros. Discovery in its<\/p>\n","protected":false},"author":1,"featured_media":23824,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[195],"tags":[9132,4058,929,9131,874,2504,4972],"class_list":{"0":"post-23823","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-bidding","9":"tag-bros","10":"tag-high","11":"tag-netflixparamount","12":"tag-stakes","13":"tag-war","14":"tag-warner"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/23823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23823"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/23823\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/23824"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}