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Netflix and Paramount Battle for Warner Bros. — Have We Seen This Show Before?

NYT - Media · Benjamin Mullin · last updated

The tug of war for Warner Bros. Discovery echoes an earlier clash of media titans.

Two Hollywood heavyweights going to war over a prized company. Billions of dollars at stake. The future of the media industry hanging in the balance.

No, it’s not Netflix’s quest to acquire Warner Bros. Discovery. It’s Sumner Redstone’s long and painful struggle with Barry Diller to control Paramount three decades ago. The outcome reordered the media industry and created a new Hollywood dynasty.

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