;Resize=(620) "LOS ANGELES, CALIFORNIA - OCTOBER 30: The Paramount logo is displayed on the water tower at Paramount Studios on October 30, 2025 in Los Angeles, California. Paramount, now renamed Paramount Skydance, has begun layoffs, with the entertainment giant planning to cut about 2,000 jobs in total. (Photo by Mario Tama/Getty Images)")
Paramount Skydance on Monday launched a hostile bid worth $108.4 billion US for Warner Bros Discovery, throwing a wrench into the deal with Netflix in a last-ditch effort to create a media powerhouse that would challenge the dominance of the streaming giant.
