Paramount Pictures, under CEO David Ellison, launched a superior $108.4 billion all-cash hostile takeover bid for Warner Bros. Discovery (WBD), directly challenging Netflix's $72 billion equity deal.Paramount argues its offer is more likely to receive regulatory approval and close faster, unlike the Netflix deal which it claims could create a monopoly and lead to lengthy antitrust reviews.President
Donald Trump also voiced concerns about the potential
Netflix acquisition, stating he will "be involved in that decision" due to market share issues.