Outside the Box
Block the Warner Bros. Discovery sale, break up ‘Big Streaming’ and give subscribers lower prices
Published: Dec. 12, 2025 at 12:48 p.m. ET
Netflix NFLX stunned the media world on Dec. 5 by making a deal to acquire Warner Bros. Discovery WBD for $83 billion. Iconic Warner Bros. brands, shows and characters — HBO, “Game of Thrones,” Batman and Harry Potter, to name a few — could soon be controlled by the world’s largest streaming platform.
Days later, Paramount Skydance PSKY went directly to Warner Bros. Discovery shareholders with a sweetened $108 billion takeover bid.
