ON THE COAST TO BE PREPARED. >> THAT REGION ON EDGE.
THANK YOU.
THERE’S HOLLYWOOD DRAMA OF A
DIFFERENT KIND TONIGHT,
PARAMOUNT MAKING A HOSTILE
TAKEOVER BID FOR WARNER BLOOD
-- WARNER BROS.
DISCOVERY.
CHLOE MELAS HAS MORE ON THE
BATTLE.
>> TONIGHT, MAKING A $108
BILLION HOSTILE OFFER TO BUY
WARNER BROS.
IN FULL, TO HEAD OFF NETFLIX
PURCHASE OF WARNER BROS.
STUDIOS, HBO AND HBO MAX.
PARAMOUNT’S GUIDE NCO DAVID
ALLISON ON CNBC, MAKING HIS
CASE.
>> WE ARE OFFERING SHAREHOLDER
$17.6 BILLION MORE CASH THAN
THE DEAL THEY CURRENTLY HAVE
SIGNED UP FOR.
>> THE OFFER COMES AFTER
PRESIDENT TRUMP SAID HE WOULD
PERSONALLY BE INVOLVED IN THE
DECISION ON IF THE NETFLIX DEAL
SHOULD BE ALLOWED TO GO THROUGH
AND TODAY HE SAID BOTH
COMPANIES OFFERS, SHOULD BE
EXAMINED.
>> WE HAVE TO SEE THE NETFLIX
PERCENTAGE OF MARKET,
PARAMOUNT, AND I MEAN, NONE OF
THEM ARE INTEGRALLY GREAT
FRIENDS OF MINE.
>> FROM SAYING HE MET RECENTLY
WITH NETFLIX CO-CEO BEFORE THE
STREAMING GIANT MADE ITS OFFER
THAT WOULD COMBINE THE HOME OF
"STRANGER THINGS" AND BRIDGERTON
WITH WARNER BROS.
GOLDEN GLOBE NOMINEES LIKE
SINNERS AND WHITE LOTUS.
>> TODAY’S MOVE WAS ENTIRELY
EXPECTED.
WE HAVE A DEAL DONE AND WE ARE
INCREDIBLY HAPPY WITH THE DEAL.
WE THINK IT’S GREAT FOR OUR
SHAREHOLDERS AND CONSUMERS.
>> TODAY WARNER BROS.
SAID IT WOULD CAREFULLY REVIEW
THE PARAMOUNT OFFER AND ADVISE
SHAREHOLDERS WITHIN 10 DAYS.
>> DO YOU THINK IT’S GOING TO
GET EVEN UGLIER BECAUSE THIS
SEEMS LIKE IT’S GETTING PRETTY
MESSY.
>> IT DEPENDS ON HOW WARNER
BROS.
RESPONSE.
IT SEEMS LIKE ELLISON DOESN’T
WANT TO GO DOWN WITHOUT A
FIGHT.
>> THE GOLDEN GLOBE NOMINATIONS
CAME OUT AND SHOWS WHAT A
POWERHOUSE THEY COULD BE.
>> NETFLIX RECEIVED 35