Netflix buys Warner Bros: Trap or Opportunity for Growth Investors?
On 5 December 2025, Netflix announced its acquisition of Warner Bros. Discovery (WBD). Just three days later, Paramount Skydance, led by CEO David Ellison, son of Oracle founder Larry Ellison, launched a hostile takeover bid for WBD.
Coming shortly after Netflix’s Q3 earnings, where a Brazil-related tax impact pressured