Paramount Skydance has made a surprising offer to buy Warner Bros Discovery. This is a big change in the streaming world. It creates a conflict with an earlier deal. Netflix had planned to buy Warner Bros Discovery.
Netflix announced its deal just days ago. It was worth about $83 billion. However, that deal was complicated. Parts of Warner Bros, like CNN, needed to be sold separately. Paramount tried to buy Warner Bros before. Now, they have a simpler offer. They are talking directly to Warner Bros shareholders.
Paramount Skydance is led by David Ellison. His father, Larry Ellison, is very rich and supports the offer. Their offer is a simple cash payment. They will pay $30 for each share. They say this is a better deal. It offers $18 billion more in cash than Netflix's plan. David Ellison called it a **"superior alternative"**. He said it offers **"greater value and a more certain and faster path to completion."**
Experts think Paramount wants to build a stronger company. A new company with Paramount and Warner Bros could compete better. It could challenge big companies like Disney and Netflix. Together, they would have many popular movies and shows. This includes *Mission: Impossible* and Harry Potter.
Government approval is also important. Paramount believes its deal will have fewer legal issues. Former President Donald Trump criticized the Netflix deal. He worried about too much media power. Some people think the Ellison family's connection to Trump might help Paramount. However, this is not certain.
This new offer causes much uncertainty. Warner Bros Discovery shareholders must decide. They can choose Paramount's cash offer or Netflix's global power. The fight for control will continue. It will affect famous media brands and the streaming market. The competition is now more intense.