In a high-stakes battle for control, HBO-owner Warner Bros. Discovery is at the center of a bidding war between Netflix and Paramount Skydance. Netflix’s $82.7 billion offer has triggered a $108 billion hostile takeover bid from Paramount, backed by Larry Ellison. Amid the drama, President Trump’s son-in-law, Jared Kushner, withdraws from Paramount’s bidding team. As the saga unfolds, Paramount increases its offer to $30 per share, competing with Netflix and Comcast. With billions at stake, the future of Warner Bros. Discovery remains uncertain as the entertainment and streaming industry watches closely.

Read more at Yahoo Finance: How Netflix, Paramount Sparked A $108 Billion Media War For Warner Bros. Discovery