Paramount Skydance launches hostile bid for WBD 'to finish what we started,' CEO Ellison tells CNBC

Netflix won a bidding war for the Warner Bros. film studio and HBO Max streaming service, but it doesn't plan to buy WBD's TV networks.

# Paramount Skydance launches hostile bid for WBD 'to finish what we started,' CEO Ellison tells CNBC Netflix won a bidding war for the Warner Bros. film studio and HBO Max streaming service, but it doesn't plan to buy WBD's TV networks. **Read the full article:** [CNBC](https://www.cnbc.com/2025/12/08/paramount-skydance-hostile-bid-wbd-netflix.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*