The war for control of the future of entertainment has just crossed the red line.
Today, Paramount Global (yes, the century-old studio that everyone thought was 'finished') launched a HOSTILE offer valued at $108,400 MILLION to take from us, live… the Netflix–Warner Bros. Discovery merger.
What sounded like Netflix's final victory in the streaming war weeks ago… now seems like a deadly trap.
💣 THE ATTACK
Paramount is not negotiating. It is attacking.
🔹 Direct offer to shareholders
🔹 100% in CASH
🔹 $30 per share (18% + premium)
🔹 Backed by Larry Ellison (Oracle)
All to bring down the Netflix-WBD merger, which was worth 'only' $82,000M
(and Trump has already publicly criticized it for 'monopoly').
⚡ NETFLIX FALL TODAY
While Paramount is making moves…
Netflix falls -2.9%
and it is losing momentum again.
The market smells blood.
🧨 EXPLOSIVE DEBT
If Netflix manages to keep WBD:
🚨 total debt would jump from 14,500M → 90,000M
🚨 margins at risk
🚨 possible credit downgrade
🚨 extremely expensive integration
🚨 loss of up to 10M subscribers due to changes in platforms
If Netflix wins → it will be a giant…
If Netflix loses → it could end up trapped in toxic debt without growth.
Literally all or nothing.
⏳ COUNTDOWN
The Paramount offer will be open until January 5, 2026.
If 50% +1 accepts → Netflix DIES at the table.
Regulators, Trump, Europe, antitrust…
Everything plays against the 'new Netflix empire'.
THE WOUND THAT REMAINS OPEN
Let’s remember:
Weeks ago Elon Musk called to 'CANCEL NETFLIX'.
A drop of ~3M subscribers is estimated in premium markets.
And it was the worst quarter since the pandemic.
Musk did not take down Netflix…
but she left it staggering.
And Paramount just hit EXACTLY there.
🎬 CLIMAX
What seemed like the purchase of the century
it could end up being:
🟥 the most humiliating drop in the history of streaming
🟥 or the most expensive and dangerous victory of the last decade
Netflix is on the edge:
📈 if the merger wins, it dominates the planet
📉 if it fails… it will be in debt, wounded, and without a plan B.
🩸 FINAL COMMENT
Everyone believed that Netflix 'had already won'.
But no one understood something:
Giants do not fall because of competition… but because of debt.
And today, Netflix has just entered its darkest chapter.
🔥 This is NOT over. $BTC
