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Netflix and Paramount have both enlisted Trump-aligned advisers as they vie for Warner Bros. Discovery.

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Needham analyst Laura Martin argues that Netflix would be worse off if it acquired Warner Bros. Discovery.

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Paramount has launched a hostile $30-per-share bid for Warner Bros. Discovery, backed by the Ellison family, RedBird Capital, and $54B in debt commitments from Bank of America, Citi, and Apollo

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Netflix is set to acquire Warner Bros. Discovery’s film studios, HBO, and HBO Max in a blockbuster deal with an equity value of roughly $72 billion ($82.7 billion enterprise value)

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