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Story perspectives

EU Scrutinizes Netflix, Paramount Bids for Warner Bros.

1/22/2026

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Story summary
  • EU regulators will review competing bids for Warner Bros. Discovery, marking a rare antitrust challenge.
  • Netflix, Inc. revised its bid to $27.75 per share in cash, and Warner Bros. Discovery's board unanimously supports the offer.
  • Paramount Skydance is offering $30 per share.
  • The EU's decision could influence the outcome, and regulators in the United States, United Kingdom, and Asia will scrutinize the deal.