NEW DELHI: Paramount has launched a $108 billion hostile bid to acquire Warner Bros Discovery (WBD), directly appealing to shareholders just days after WBD agreed to be acquired by Netflix. The move sets up a rare, high-stakes media battle that could reshape global entertainment. The offer, announced late Monday, comes from Paramount and its CEO David Ellison , who told CNBC the bid aims “to finish what we started.” The all-cash offer of $30 per share is pitched as a more secure alternative to Netflix’s $27.75-per-share proposal made last week. Paramount argues its bid “provides shareholders $18 billion more in cash than the Netflix consideration” and offers “a quicker path to completion,” according to an official statement. Netflix agreed on Friday to buy WBD’s studios

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