Hollywood merger memes are going viral as Netflix and Paramount vie for the acquisition of Warner Bros. Discovery.
The Hollywood bidding war between Paramount Skydance and Netflix has created a meme frenzy.
The two media giants are in an all-out battle for Warner Bros. Discovery after it accepted Netflix’s offer to acquire its studio and streaming businesses for an equity value of $72 billion. David Ellison’s Paramount launched a hostile $30-per-share bid for all of WBD on Monday.
Warner Bros. Discovery owns the Warner Bros. film studio, HBO, the HBO Max streaming service, and TV networks such as CNN, TNT, and TruTV. It confirmed receipt of Paramount’s unsolicited offer on Monday.
Both entities have made their cases on why they’d be the best owner for WBD. Although internet comedians don’t have a say in where the deals land, it hasn’t stopped them from weighing in with viral jokes about the dueling companies and their quest to acquire WBD.
Some social media users are poking fun at the back-and-forth with memes about how far each company is willing to go to gain WBD’s favor.
