
AI-generated summary
Netflix previously offered to acquire Warner Bros. for $83 billion, but WBD's board of directors rejected the offer. Paramount Skydance then offered 108 billion, later increasing the amount to 110 billion after the deal was approved by the US Supreme Court.
US President Donald Trump said he was pleased with the deal to acquire Warner Bros. Discovery media holding Paramount Skydance, and expressed the opinion that the result will be a great company.
Previously, Paramount Skydance completed its acquisition of Warner Bros. Discovery (WBD) for $110 billion. Prior to this, opponents of the merger asked the US Supreme Court to block the process, but the court rejected their request.
"I'm glad to hear that. I didn't know about that, you just told me that. Yes, great. It's going to be a great company. They're great people, and it's going to be a great company," Trump told reporters when asked about his attitude to the US Supreme Court's decision to allow the deal.
Previously, another major broadcasting corporation, Netflix, announced in December its desire to absorb Warner Bros. for 83 billion dollars. Shortly thereafter, Paramount Skydance expressed its willingness to acquire Warner Bros. on more favorable terms - for $108 billion, but the WBD board of directors then recommended that shareholders reject the offer.
AI outlook — possibilities, not facts
Paramount Skydance Completes Integration of Warner Bros. Discovery within 12-18 months
Likely · Within months

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