Warner Bros. Discovery Stock News

PHILADELPHIA , Dec. 11, 2025 /PRNewswire/ -- National plaintiffs' law firm Berger Montague PC  advises shareholders of Warner Bros. Discovery, Inc. (NASDAQ: WBD) ("Warner Bros.

"(They're) not going to be jerked around,” one source said of the Ellisons. “But yeah, they're prepared to move higher.

Paramount Skydance CEO David Ellison urged Warner Bros. shareholders to sell their shares to his company rather than go through with the Netflix deal.

Wall Street is starting to wonder if shares are oversold, even as the Warner Bros. Discovery takeover saga drags on.

Pier Silvio Berlusconi, chief executive of European broadcaster MFE-MediaForEurope , said he would prefer Paramount's Skydance rather than Netflix as a buyer for Warner Bros Discovery , arguing the move would boost competition in the streaming industry.

Paramount CEO David Ellison wrote a letter to WBD shareholders to win them over. He urged WBD shareholders to tender their shares and switch teams from Paramount to Netflix.

The future of the news organization that regularly draws rebukes from the president could be a decisive factor in the outcome of a deal.

In this video, Motley Fool contributors Jason Hall and Jeff Santoro break down the latest competing deals for Warner Bros. Discovery (WBD +4.49%), between the agreed-upon deal with Netflix (NFLX 4.14%) and the hostile tender offer from Paramount Skydance (PSKY +0.55%).