Streaming giant Netflix appeared to win the bidding war for Warner Bros. Discovery last week, when the two firms announced their merger. Within days, however, Paramount announced its hostile bid, meaning Paramount plans to appeal to Warner Bros. Discover shareholders in an effort to overcome the wishes of management.

Stephen Colbert, whose show was canceled by Paramount, wondered about the company's finances amid a $108 billion bid to buy Warner Bros. Discovery.

"Wow. I gotta say, if my company's got that kind of green, I'm sure they can afford to uncancel one of their best shows," the host said.

Warner Bros. Discovery CEO David Zaslav stands to become a billionaire if WBD completes a sale to either Netflix or Paramount SKydance.

A high-stakes bidding war heated up this week when Paramount made a hostile takeover bid for Warner Bros. Discovery, challenging a multibillion-dollar Netflix deal to buy the entertainment juggernaut.

President Donald Trump inserted himself directly into the battle for control of Warner Bros. Discovery on Wednesday, saying, “It’s imperative that CNN be sold,” while deriding the network’s news coverage.

H ollywood has produced another gripping drama. Netflix’s and Paramount’s $100bn battle to buy Warner Bros Discovery has juicy plot ingredients, from an ambitious billionaire to mysterious Saudi investors and even a cameo from the president’s son-in-law. As the studio weighs its options, expect weeks of entertainment.

Netflix is a company that understands the value of themed entertainment. While the world doesn’t have a Netflix theme park (yet), by the time you read this, the company will have opened its second Netflix House complex in as many months, with a third location already planned for Las Vegas.