CNBC Daily Open: Investors are loving the Paramount-Warner Bros-Netflix drama
A drone view shows a sign for Paramount in front of the Hollywood sign in Los Angeles, California, December 8, 2025.Paramount Skydance on Monday launched a hostile takeover bid for Warner Bros. Discovery, following Netflix's announcement last week that it had reached a deal to buy the HBO owner.The company is "here to finish what we started," CEO David Ellison told CNBC, upping the ante with a 27.75-per-share, cash-and-stock offer for WBD's streaming and ...