Paramount reportedly prepares bid for Warner Bros Discovery
NEWSLETTER
17 September 2025
Welcome back to another edition of Mediavision’s newsletter. Here are the main topics in this week’s newsletter:
- Paramount reportedly prepares bid for Warner Bros Discovery
- Podcasts and digital music gain ground – lowest listening share ever for live radio
- US and China strike framework deal on TikTok
VIDEO
Paramount reportedly prepares bid for Warner Bros Discovery
Paramount Skydance, led by David Ellison and supported financially by his father Larry Ellison (cofounder of Oracle), is reportedly preparing a major takeover bid for Warner Bros Discovery (WBD). The move comes shortly after Skydance completed its $8.4 billion acquisition of Paramount Global.
The prospective deal would combine major studio, streaming, and news operations under one roof: Warner Bros film studio, HBO, CNN among others plus Paramount+ and legacy Paramount brands (SkyShowtime among others). In the Nordics, WBD brands collect around 3 million subscribing households. Shares in WBD jumped dramatically after reports of the bid became public – up almost 60% in five days.

But it’s not locked in yet: no formal offer has been made, and insiders say the plans could still fall apart. Warner Bros Discovery has already been working on a restructuring plan by splitting its cable television business from its studio and streaming units.
If the deal happens, there are serious regulatory risks. Antitrust experts warn that combining these media giants could reduce competition, limit content diversity, raise costs for consumers, and increase negotiating leverage over distributors and creators. It would also reshape the competitive landscape by creating a mega-studio streaming force that could rival Netflix, Disney, Amazon, etc.
AUDIO
Podcasts and digital music gain ground – lowest listening share ever for live radio
The Swedish audio market is undergoing change. Digital music and podcast listening have steadily increased in recent years, while live radio listening has declined. As a result, live radio’s share of listening time hit a record low in Q2 2025. Younger audiences are primarily driving this transformation, but the trend is now becoming more visible across older age groups as well. These findings are presented in Mediavision’s latest analysis of the Swedish audio market.
In Sweden, audio media listening averages at approximately 100 minutes per day. This figure has remained stable in recent years, but listening has shifted. In 2022, podcasts and digital music accounted for about 40 percent of total listening time. By Q2 2025, the share has grown to over 55 percent – at the expense of live radio. Live radio’s share of listening is now lower than ever before, and for the first time below 35 percent.
Read up on the full press release here, with commentary from Mediavision’s Senior Analyst Fredrik Liljeqvist.
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The Studio dominates Emmys with 13 wins, the most ever
SkyShowtime reveals teaser for Swedish original series
Aller Media creates joint commercial organization in the Nordics
Serie A sees drop in international TV rights income
Rolling Stone publisher sues Google over AI oversight
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SOCIAL MEDIA
U.S. and China strike framework deal on TikTok
The United States and China have agreed on a framework that could secure TikTok’s future in the US, but the details are still being hammered out. President Donald Trump has now extended the deadline for a possible nationwide ban until December 16. Today, September 17, had been the cutoff date when TikTok risked being shut down if no agreement was in place.
According to the current proposal, a US-based version of TikTok would be created with American investors, including Oracle, Andreessen Horowitz and Silver Lake, owning around 80%. The new consortium would also be operated by a majority-US board, including a member appointed by the Trump administration. Oracle would be responsible for handling US user data. ByteDance, TikTok’s Chinese parent company, would be reduced to a minority stake.

One of the thorniest unresolved issues is TikTok’s algorithm. Beijing has suggested that even under a new structure, the US app would continue to use a Chinese-developed algorithm under license. That possibility highlights the delicate balance between securing US control and China’s reluctance to let go of one of its most valuable technology exports.
For now, Trump has celebrated the framework as a win for young Americans who “wanted to save TikTok,” while Beijing has been careful not to frame the deal as a loss of face. But many details remain unsettled, from licensing arrangements to regulatory oversight. For TikTok’s 170 million US users, the coming months will decide whether the platform remains largely unchanged or enters a new era under American control.
Mediavision in the News
High AI use in the Nordic media industry – Broadband TV News
Sweden: SVoD subs at record levels – Advanced Television
Svenskar strömmar mest reklamvideo i Norden – Dagens Nyheter
Report: Ad-funded content now half of Swedes’ online viewing – Advanced Television
Spotifys nya plan kan förändra bokmarknaden – Svenska Dagbladet
Social video slår rekord – nu ökar pressen på de lokala aktörerna – Dagens Media
Report: Social video consumption soars in Nordics – Advanced Television
Spotifys popularitet kan tränga ut ljudbokstjänsterna – Svensk Bokhandel
Abonnementer med reklamer buldrer frem på dansk streamingmarked – Mediawatch
Danish streaming market tops 5 million – Broadband TV News
Nordmenn kjøper flest strømme-abonnement i Norden – Kampanje
