Media’s New Soap Opera: Netflix, Paramount, & Warner Bros. Discovery 12/17/25

The Warner Bros. Discovery board has unanimously recommended shareholders reject Paramount Skydance’s hostile bid for the company’s film and streaming assets. Netflix Co-CEO Greg Peters joins CNBC’s David Faber, Becky Quick, and Andrew Ross Sorkin to discuss Netflix’s winning bid for Warner Bros., HBO, and HBO Max . Media watcher Rich Greenfield delves into the funding details of each offer , and Becky shares her own reporting on shareholder Mario Gabelli’s reaction to the news. Plus, it’s likely to be the biggest IPO of the year: Medline , a 58-year-old company you may have never heard of. CEO Jim Boyle explains why now was the perfect time for a public listing. Greg Peters - 15:05 Rich Greenfield - 27:14 Jim Boyle - 38:26 In this episode: Rich Greenfield, @RichLightShed David Faber, @davidfaber Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.