What is driving WBD stock today?

The premium gap between a $108 billion Paramount Skydance offer and Netflix’s $82.7 billion bid is the key driver. News on financing, tender traction, or board support can shift odds. Regulatory clarity and any court action could also move the stock quickly as traders recalibrate probabilities.

Is the Paramount hostile bid credible?

Reports cite a Larry Ellison guarantee backing the $108 billion proposal, which supports funding and execution confidence. Credibility rises if firm financing terms, timing, and tender mechanics are disclosed. Watch for updated filings or statements that confirm cash sources, deal structure, and any conditions that might delay closing.

How could a Netflix takeover battle impact NFLX shares?

A higher bid could pressure NFLX in the short term due to premium outlay and integration risk, even with strong fundamentals. Oversold readings suggest bounce potential, but headline risk is high. Clear deal financing, regulatory milestones, and messaging on synergies would help stabilize sentiment and reduce uncertainty.

What dates should investors watch next?

Focus on any filing or press release that updates bids, tender terms, or financing. Also note earnings: NFLX is scheduled for January 20, 2026, and WBD for February 20, 2026, per available data. These events can refresh guidance, capital plans, and balance sheet detail relevant to a complex transaction.

Global Market Insights

WBD Stock Today: Paramount’s $108B bid challenges Netflix — December 28

ByHuzaifa Zahoor December 29, 2025December 29, 2025

WBD stock today sits in the spotlight as a $108 billion hostile bid from Paramount Skydance challenges Netflix’s $82.7 billion offer for Warner Bros. Discovery. We see this contest as a near-term driver for both WBD and NFLX. Reports also cite a Larry Ellison guarantee supporting the higher bid. With valuations and technicals stretched in places, investors should watch for bid changes, tender traction, and antitrust signals. Below, we break down price levels, key data, and the events that could move the stocks next.