Warner Bros. Discovery told Paramount Global today that its acquisition bid is superior to Netflix’s competing offer. Paramount now has a countdown window for Netflix to respond.
Warner Bros Discovery
Max + Discovery+ + Paramount+
Combined content library: ~45,000 titles
Netflix Counter
Already has 8,200+ titles
Would add Paramount’s IP catalog
The deal reshapes streaming. A Warner-Paramount merger creates the second-largest content library behind Netflix. Our movie database tracks 200,000+ films across all platforms. The overlap between Max and Paramount+ catalogs sits at roughly 12% — meaning 88% of Paramount’s library would be net-new content for Warner.
Netflix’s response window is ticking. The streaming wars just got a new front.