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The battle for warner bros Paramount skydance on monday launched a hostile bid worth $108.4 billion for warner bros Discovery nicole sperling, a times reporter who covers hollywood and the streaming revolution, breaks down the competing bids from netflix and paramount to buy warner.

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Cnn’s sara fischer explains the battle over the future of warner bros The bid comes after warner last week agreed to be bought by netflix for $72 billion Discovery and how its captured president trump’s attention.

The catalyst for the current battle came in early september, when paramount skydance began pursuing a potential combination with warner bros discovery

Although the company initiated talks privately, exchanges between paramount ceo david ellison and warner bros discovery chief david zaslav — according to a lengthy securities filing — stretched across several months, gradually escalating. The long battle over control of warner bros Discovery took another turn monday when paramount skydance announced a hostile bid for the entertainment giant, following warner bros New york (ap) — warner bros

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