Warner Bros Deal? Netflix wanted the prestige assets. Paramount wants the entire empire.

Plot twist: Paramount just went full Doctor Evil and said “ONE HUNDRED BILLION DOLLARS MWAHAHA” with a hostile takeover bid for Warner Bros. Discovery, basically stepping in front of Netflix and saying not today sunshine.

And they didn’t whisper it they got a megaphone and shouted hard for all of us to hear:
💰 All cash
💰 $30/share
💰 ~$108B total money

That’s massively above Netflix’s $80isn billion offer. When someone adds an extra $25–30bn to the table, they’re not negotiating, they’re making a statement.

Netflix wanted the prestige assets. Paramount wants the entire empire. Bold, risky, and extremely on-brand for a studio trying to reinvent itself post-Skydance merger.

🎮 Now, the gaming angle (aka the part I actually care about)

I’ll be honest: I still prefer Netflix here. They’re the only one treating games as a strategic engine, not a merch and licensing afterthought.
Paramount has some momentum (thanks, Skydance), but, as I mentioned on Sunday, acquiring Warner Bros. Games means inheriting one of the strongest IP arsenals in the industry, Mortal Kombat, Hogwarts Legacy, DC, Rocksteady, NetherRealm.

Under Netflix? That becomes a transmedia machine and bigger part of their existing gaming focus.

Under Paramount? I have no actual idea.

⚖️ And of course, regulators are about to have a field day.

Deals this big take years to unwind, reshape, and approve, if they get approved at all.

But one thing’s clear:
This isn’t just a fight over HBO or The Batman.
This is a battle to control the next decade of Transmedia entertainment, where games sit right at the centre.

I tell you one thing, this industry is nothing if not entertaining 😂

Wrighty out.