James Gunn’s DC Studios Sale To Netflix Suffers New Setbacks

The potential sale of Warner Bros. and DC Studios to Netflix is facing trouble. Paramount, another company interested in buying them, recently made a stronger offer, and is now a serious competitor. While Netflix first announced a deal in December, the situation is complicated, and there’s disagreement about which offer is better – one major investor has even voiced concerns about the Netflix deal.

According to Deadline, Paramount has raised its offer to buy Warner Bros., increasing the price from $30 to $31 per share. This new offer could be better than Netflix’s bid for the studio, but Warner Bros.’s board of directors still needs to decide if it’s a better deal.

As a film buff, I’ve been following the potential sale of the studio closely. It looks like Paramount and Netflix both made offers, but they weren’t quite the same. Paramount was bidding for the entire company at around $30 a share, and they seemed more confident they’d get the okay from regulators. A big reason for that confidence? The CEO of Paramount, David Ellison, has a close relationship with Donald Trump – his father, Larry Ellison, who founded Oracle, is a longtime friend of the former president. That connection definitely seemed to give them an edge in navigating the approval process.

Netflix has made a cash offer of $27.75 per share to buy Warner Bros. studio assets, including DC Studios. Warner Bros.’s board supports the offer, and the plan involves creating a separate company from its cable networks, which they believe will increase the overall value beyond the $30-per-share offer from Paramount.

In addition to $31 per share for Warner Bros. Discovery (WB), Paramount will pay Netflix $2.8 billion to end their previous deal, and the Ellison company will pay $7 billion if regulators don’t approve the acquisition. Shareholders will also receive $0.25 per share each quarter, starting September 30, to cover any delays in finalizing the deal.

In a recent Variety interview, before Paramount sweetened its offer, Netflix’s Ted Sarandos suggested he’s open to stepping aside and letting another company potentially overspend on content. It’s currently unknown how Netflix will react to this competing bid.

We’re known for being very careful with our purchases. We’re comfortable walking away from a deal if the price isn’t right, even if it means someone else ends up paying more. We’ve consistently done this in the past.

As a huge movie fan, I’m following the potential Warner Bros. Discovery and Paramount merger closely! I heard they started talking again on February 17th, which is exciting. Apparently, if the Warner Bros. Discovery board decides Paramount’s offer is the better deal, Netflix will get a chance to step in and try to make a counter-offer within four days. It’s a bit of a bidding war, and I’m curious to see how it all plays out for the future of streaming and cinema!

An earlier report suggested that if Paramount were to buy DC Studios, it could significantly alter how the studio operates. James Gunn and Peter Safran, who currently jointly lead DC Studios, might have less say in which movies and shows get made.

From the start, Netflix made it clear that Warner Bros. would keep running as a separate company after the acquisition. DC Studios and other Warner Bros. divisions will continue to be managed by their current leadership. Netflix also reassured viewers that DC and other Warner Bros. films will still be released in cinemas.

The future of DC Studios is unclear, particularly because we don’t yet know how James Gunn and Peter Safran feel about the recent sale. When studios are bought, it often leads to changes in leadership and creative direction, so the DC Universe could either stay the same or be completely reimagined soon.

Streaming services like Netflix and Paramount, as well as the new leadership at Warner Bros. and DC Studios, will be carefully watching the success of shows like Supergirl, Lanterns, Clayface, and Man of Tomorrow. This is especially true after Netflix’s Ted Sarandos noted that Superman didn’t perform as well as expected in 2025, and will likely influence future decisions.

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2026-02-25 20:05