According to @CNBC, Warner Bros. Discovery’s board unanimously recommended that shareholders reject a takeover offer from Paramount Skydance and support what it called a superior proposal from Netflix (source: @CNBC). According to @CNBC, board chair Samuel Di Piazza said it was not a hard choice in comments to CNBC, signaling clear board preference for the Netflix proposal (source: @CNBC). According to @CNBC, the board’s guidance directs shareholder support toward the Netflix proposal rather than the Paramount Skydance bid (source: @CNBC).

According to StockMKTNewz, Google CEO Sundar Pichai confirmed that Google had previously considered acquiring Netflix, highlighting significant strategic interest in the streaming sector (source: StockMKTNewz, May 16, 2025). This disclosure underscores the increasing convergence between big tech and media, which could impact stock market dynamics for both companies. For crypto traders, such M&A discussions among tech giants often signal potential shifts in digital asset sentiment, especially for tokens tied to streaming, Web3, and decentralized media platforms.