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Paramount's hostile bid on Warner Bros

By Maria Aspan,

David Folkenflik

Published December 8, 2025 at 4:40 PM CST

It only took a weekend. Paramount is jumping into the fray with a hostile takeover bid, challenging Netflix's deal to buy Warner Bros. Discovery. Paramount's offer is valued at over $108 billion.

Maria Aspan

Maria Aspan is the financial correspondent for NPR. She reports on the world of finance broadly, and how it affects all of our lives.

David Folkenflik

David Folkenflik was described by Geraldo Rivera of Fox News as "a really weak-kneed, backstabbing, sweaty-palmed reporter." Others have been kinder. The Columbia Journalism Review, for example, once gave him a "laurel" for reporting that immediately led the U.S. military to institute safety measures for journalists in Baghdad.