Dec 8, 2025
In an attempt to fend off growing competition from Paramount and Netflix, Plex CEO Keith Valory announced Monday that the streaming platform had submitted a $35 bid for Warner Bros. Discovery. “We believe the Harry Potter and DC universes will prove excellent additions to our slate of free-to-stream titles including Petticoat Junction and Party Mamas,” said Valory in a press release, calling the deal a “significant upgrade” on their initial offer of $15 and adding that the company was willing to pay the $35 in four installments over the next 10 years, or $6 up front plus $2 in stock options.
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