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Dec 10, 2025 4:00 AM

Ross Gerber Calls Warner Bros 'Dog Asset' Worth No More Than $15: Says Netflix, Paramount Are Both 'Vastly Overpaying' In Bidding Frenzy

Investor Ross Gerber of Gerber Kawasaki Wealth and Investment Management is not a fan of the bidding frenzy surrounding entertainment conglomerate Warner Bros Discovery Inc. (NASDAQ:WBD), and warns that buyers are significantly overvaluing the company.

Warner Bros Is A ‘Dog Asset’

On Tuesday, Gerber said that he initially assumed Netflix Inc. (NASDAQ:NFLX) had stepped into the deal mainly to push up the price for Paramount Skydance Corp. (NASDAQ:PSKY), which he noted is rapidly becoming a serious competitor, while speaking to Fox Business.

He added that while many in Hollywood are “very bullish on what Ellison is doing at Paramount Sky Dance,” Netflix's attempt to win the deal outright surprised him.

See Also: Netflix May Need A Few More Episodes Before The Plot Turns Bullish

“I’m not sure what they would do with Warner Brothers and how that ...