shifts

WASHINGTON — Warner Bros. Discovery is switching gears, announcing Thursday that Paramount Skydance’s revised bid tops the one on the table from Netflix.

The move is the latest twist in Hollywood’s biggest auction in years — and five months after Paramount Chairman David Ellison began his dogged pursuit of the larger media company. Netflix now has four business days to regroup and potentially submit a higher offer.

Warner Bros. Discovery said its board, in consultation with its bankers and lawyers, determined Paramount’s most recent offer constitutes a “superior proposal,” compared to the Netflix deal.

Paramount on late Monday bid to buy all of Warner Bros. Discovery for $31 a share in cash. Paramount had previously offered $30 a share.

Netflix has offered $27.75 a share — but the streaming giant only wants Warner’s HBO, HBO Max and the Warner Bros. film and television studios in Burbank. Concerns have been growing that Netflix would face push-back from regulators as it seeks to swallow one of Hollywood’s historic film studios behind “Superman,” “Casablanca” and “The Matrix.”

Paramount’s offer includes acquiring Warner’s cable television channels like CNN and HGTV.

“We are pleased WBD’s Board has unanimously affirmed the superior value of our offer, which delivers to WBD shareholders superior value, certainty and speed to closing,” said David Ellison, the chairman and chief executive of Paramount.

The new wrinkle comes as Netflix Co-CEO Ted Sarandos met with White House staffers on Thursday at a pivotal moment for the streaming giant, which has been navigating the high-stakes bidding war to acquire Warner Bros. Discovery.

Sarandos met with White House staff members and Justice Department officials, according to two people familiar with the meeting. The visit was arranged more than two weeks ago and President Trump was not scheduled to attend.

The White House and Netflix declined to comment on the substance of the meeting, but it comes as the media giant has come under pressure by the president to fire board member Susan Rice, a former Biden administration adviser that Trump recently called a “political hack.”

Trump warned that if Netflix did not fire Rice, the company would “pay the consequences.”

The president’s demands to fire Rice marked a shift in the president’s involvement with Netflix’s business as it seek to acquire Warner Bros — a bid that is being countered by Paramount.

In December, Netflix won the bidding for the storied studio and HBO, prompting Paramount executives to launch a multi-pronged strategy to scuttle the Netflix deal.

The Department of Justice has since opened an investigation to determine whether to try to block Netflix’s proposed $82.7-billion deal to take over Warner Bros. Discovery. Netflix has more than 300 million subscribers worldwide, and the addition of Warner’s HBO Max would make the streaming giant even more dominant.

Sarandos’ trek to the White House comes as the auction has taken on political dimensions. Paramount has refused to abandon its campaign to buy Warner, which owns HBO and such popular franchises as Harry Potter, Superman and “Game of Thrones.”

Paramount — which is controlled by the family of billionaire Larry Ellison, a Trump friend — has been angling to thwart Netflix.

During a Senate hearing this month, some Republican lawmakers blasted Sarandos, raising questions about potential antitrust concerns and some of Netflix’s programming. Paramount Chief Executive David Ellison declined an invitation to participate in the Feb. 3 hearing.

This week, he was at the Capitol as a guest of Sen. Lindsey Graham (R-SC) for Trump’s State of the Union address. The two men were pictured giving a thumbs-up in a photo circulating on social media.

Trump has said he would stay out of the Netflix-versus-Paramount battle, but over the weekend he demanded, in a social media post, that Netflix “IMMEDIATELY” fire Rice from its board.

It was not known if the topic of Rice came up Thursday.

Sarandos has sought to downplay the controversy, saying during a BBC interview: “This is a business deal, it’s not a political deal.”
Paramount has enlisted a former Trump administration official, the lawyer Makan Delrahim, who served as Trump’s antitrust chief during the president’s first term.

Thousands of Uber, Bolt and Addison Lee drivers will log off on Valentine’s Day, urging customers to boycott ride-hailing apps as unions accuse firms and TfL of failing to address falling pay, safety risks and unfair working conditions.

Private hire drivers across the UK are urging customers to boycott major ride-hailing apps on Valentine’s Day as part of a protest over pay, working conditions and what they describe as regulatory failures.

Members of the Independent Workers of Great Britain (IWGB) Private Hire Drivers branch are asking consumers not to use Uber, Bolt or Addison Lee on Saturday 14 February, while drivers log off the platforms and join a motorcade in central London from 5pm to demand legislative reform.

Nader Awaad, chairman of the IWGB Private Hire Drivers branch, described drivers’ experiences as “systemic exploitation” caused by fare structures, rising operating costs and what he calls insufficient oversight from Transport for London (TfL).

Awaad, 59, from Walthamstow, began driving in 2019 after being made redundant from a senior management role. He told The Mirror: “The UK’s private hire industry is a wild west. With no protection from unfair dismissal, drivers see their livelihoods disappear in the blink of an eye.

“With no real safety measures, we are left unprotected from passenger violence, frequently resulting in serious injuries or, in the tragic case of our member Gabriel Bringye, death. And that’s before we even start talking about pay,” he said.

Gabriel Bringye, 37, was a much loved private hire driver from Tottemham, north London. In February 2021, he was fatally stabbed during a robbery by a group of teenagers who had booked his cab by chance. He died from blood loss despite attempting to defend himself.

The attack left a deep mark on the driving community, and following the trial, Bringye’s family established Gabriel’s Campaign for Driver Safety, calling for stronger protections for private hire drivers and measures to prevent future tragedies.

According to the IWGB, drivers can work 12 to 18-hour days just to break even, covering fuel, insurance, vehicle maintenance, traffic fines and platform commission. Awaad highlighted a case where a Heathrow-to-central London ride cost £111 for the passenger, but the driver was paid only £29. “After expenses, many drivers are earning less than the minimum wage,” he told us.

He also criticised “upfront” or “dynamic pricing,” which sets fares for passengers and pays drivers via algorithms. Research from Oxford University found that Uber driver pay has declined since the model’s introduction. Under this system, drivers have no say over fares and can bear the cost of delays or route changes.

The protest follows the Supreme Court ruling that Uber drivers are workers, entitled to minimum wage and holiday pay. Awaad argues operators responded by adjusting pay structures in ways that reduced earnings. Uber has said it complies with the ruling and provides worker protections, including holiday pay, pensions and minimum earnings guarantees.

Beyond pay, safety remains a concern. Drivers report risks of assault and abuse, along with sudden account deactivation by operators. Awaad insists TfL, as the licensing authority, should oversee any suspension decisions. The union also wants stricter passenger identity checks after incidents involving stolen or fraudulent accounts.

Awaad’s attempts to raise these concerns directly with TfL Commissioner Andy Lord, including offering detailed evidence, were reportedly declined.

When The Mirror reached out to TfL, a spokesperson said: “We take our responsibilities as the licensing authority seriously to ensure that everyone can travel safely and reliably. Operators must meet high standards in order to be licensed in London and we continually keep licensing requirements under review to ensure safe services for Londoners.”

The IWGB is lobbying Parliament for legislative changes addressing pay transparency, commission levels, safety protections, and due process in account suspensions.

Alex Marshall, IWGB president, urged public support: “If drivers and riders unite, we can push TfL and the government to implement protections similar to New York, France, Mexico and Barcelona. Drivers deserve fair pay, capped hours, holidays and safety measures. The time for change is now.”

Responding to concerns around pay and transparency, an Uber spokesperson said: “We regularly engage with drivers, especially through our industry-leading agreement with GMB Union, who are not taking part in this action. More and more people choose to earn with Uber because we offer flexibility over where and when they work, as well as offering the best benefits in the sector.

“Drivers have transparency over every trip they take – including the destination and their earnings – before they decide whether to accept it. All drivers receive a weekly summary of their earnings, which includes a clear breakdown of what Uber and the driver received from trips,” the statement concluded.

Similarly, a Bolt spokesperson said the company operates a different model outside London. “Through Bolt Flex, the first model of its kind in the UK, drivers outside London can set their own fares, negotiate directly with passengers, and operate on a transparent, flat commission with no hidden fees. Drivers are already earning up to 7% more per trip on average, while receiving 24% more orders per hour.”

In response to safety concerns, Bolt added: “The safety of drivers is our top priority. We have committed €100 million globally to strengthen safety across our platform, contributing to a 14% reduction in safety-related incidents year over year.

“Drivers are provided with passenger ratings and ride history before pickup, can share live trip details with trusted contacts, and have access to 24/7 in-app and phone support. Our Emergency Assist button connects directly to emergency services and alerts Bolt’s 24/7 safety team, and our trip monitoring technology flags unexpected or prolonged stops. We also offer one of the sector’s most affordable CCTV schemes for drivers.

“Drivers on the Bolt platform operate as independent partners, and access is conditional on compliance with our safety and community standards. Accounts are only ever deactivated following a full investigation, with a clear review process. We will continue working with drivers to raise standards across the sector.”

The Mirror contacted Addison Lee for comment.