Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
How did Netflix outbid billionaires to buy Warner Bros, despite just 5% chance of success?
short by Ashley Paul / on Saturday, 6 December, 2025
Polymarket bettors had given Netflix a 5% chance of success in its bid to buy Warner Bros Discovery, for which it outbid billionaire Larry Ellison's son David and several Hollywood veteran companies. Netflix agreed to a $5.8-billion breakup fee and prepared a ready-to-sign offer amid a tight acquisition deadline by Warner Bros. Netflix's offer was signed immediately after board's approval.
read more at Moneycontrol