Workflow
Netflix(NFLX)
icon
Search documents
Warner Bros. Discovery: Paramount Skydance offer 'superior', board still favors Netflix
Youtube· 2026-02-26 21:36
Melissa, Warner Brothers Discovery's board has determined that Paramount's revised proposal uh for the company constitutes a company superior proposal. What that means is that Warner Brothers Discoveries now notified Netflix of the fact that they could see the Paramount Sky Dance offer as superior. And under the terms of the Netflix merger agreement, this triggers a 4-day period in which Netflix has the right to revise its merger agreement so that it would constitute a superior proposal.What that means in p ...
Warner Bros Discovery Board Calls Paramount's Proposal “Superior”, Gives Netflix Four Days To Up Its Bid
Deadline· 2026-02-26 21:35
Core Viewpoint - Warner Bros. Discovery's board is facilitating a competitive bidding process between Paramount and Netflix for the company's assets, with Paramount's latest offer being deemed superior [1][2]. Group 1: Bidding Details - Paramount's revised bid is now $31 per share, up from $30, and includes a "ticking fee" of $0.25 per share starting after September 30 [2]. - Netflix's offer stands at $82.7 billion for the studios-and-streaming division of WBD, while Paramount's bid is for the entire company [1][2]. - Paramount's bid includes a $7 billion termination fee if regulatory issues arise, in addition to the $2.8 billion breakup fee promised by Netflix [3]. Group 2: Board Actions and Timeline - The WBD board has triggered a four-day response period for Netflix to revise its bid following the designation of Paramount's offer as superior [1][3]. - A special shareholder vote on the Netflix deal is scheduled for March 20 [4].
Warner Bros. Discovery's board says Paramount's latest offer is better than Netflix's
Business Insider· 2026-02-26 21:28
Paramount Skydance may finally have the upper hand on Netflix in the bidding war for Warner Bros. Discovery. The WBD board announced on Thursday afternoon that it believes Paramount's offer to buy the entire company for $31 per share is better than Netflix's proposal to buy its studio and HBO assets for $27.75 per share.This story will be updated. ...
Warner Bros. Discovery deems Paramount Skydance offer superior to Netflix, starting 4-day matching clock
CNBC· 2026-02-26 21:24
The Paramount logo is shown on a structure at the Paramount studio lot in Hollywood, Los Angeles, California, U.S., Feb. 26, 2026.Warner Bros. Discovery has valued Paramount Skydance's latest offer as superior to Netflix, another twist in the ongoing sale process. Netflix will have four business days to make changes to its own proposal, according to a WBD statement on Thursday.This is breaking news. Please refresh for updates. ...
华纳兄弟:已通知奈飞(Netflix),其认定派拉蒙的提案构成“公司更优提案”。
Xin Lang Cai Jing· 2026-02-26 21:23
华纳兄弟:已通知奈飞(Netflix),其认定派拉蒙的提案构成"公司更优提案"。 来源:滚动播报 ...
Warner Bros says Paramount bid superior, countdown begins for Netflix response
Reuters· 2026-02-26 21:22
Skip to main contentExclusive news, data and analytics for financial market professionalsLearn more aboutRefinitivWarner Bros says Paramount bid superior, countdown begins for Netflix responseFebruary 26, 20269:22 PM UTCUpdated agoBy ReutersItem 1 of 2 The Paramount logo is shown on a structure at the Paramount studio lot in Hollywood, Los Angeles, California, U.S., February 26, 2026. REUTERS/Mike Blake[1/2]The Paramount logo is shown on a structure at the Paramount studio lot in Hollywood, Los Angeles, Cal ...
Netflix CEO Sarandos arrives at White House amid WBD deal pursuit
CNBC· 2026-02-26 21:17
Netflix CEO Ted Sarandos arrives for meetings at the White House on Feb. 26, 2026 in Washington, DC.Netflix CEO Ted Sarandos arrived at the White House on Thursday afternoon for a meeting on his company's effort to buy part of Warner Bros. Discovery.Sarandos is not expected to meet with President Donald Trump, who days ago demanded that Netflix boot Susan Rice from its board of directors."This meeting is not with POTUS," a White House official told CNBC. "Netflix is meeting with staff members at the White H ...
Senate Antitrust Subcommittee Sets Another Hearing On Netflix-Warner Bros. Merger
Deadline· 2026-02-26 19:53
The Netflix-Warner Bros. merger will come before a key Senate committee on March 4, a month after the same lawmakers heard testimony from the streamer’s co-CEO Ted Sarandos defending the transaction. The hearing has a pointed title, reflecting criticism of the deal coming from the chair of the Senate Judiciary antitrust subcommittee, Sen. Mike Lee (R-UT): “The Second Act: Competition and Monopsony Concerns in the Proposed Netflix-Warner Brothers Transaction.” The witnesses testifying have not yet been anno ...
Apple And Netflix Strike Unusual Shared-Rights Deal For Formula 1 Race In May And ‘Drive To Survive'
Deadline· 2026-02-26 19:34
Apple and Netflix have struck an unorthodox deal that will see shared streaming of an upcoming Formula 1 race as well as the eighth season of Netflix docuseries F1: Drive to Survive. Season 8 of Drive to Survive premieres Friday, and the season will appear on both Apple TV and Netflix. Both platforms will also share live coverage of the Canadian Grand Prix over the weekend of May 22 to 24. The programming helps both streaming services with key strategic goals. Apple, which acquired exclusive rights to For ...
Is Netflix Stock a Smart Pick for Investors Amid Rising Content Costs?
ZACKS· 2026-02-26 17:16
Key Takeaways Netflix posted 18% Q4 revenue growth and ended 2025 with 325 million paid subscribers.Netflix guides 12-14% revenue growth for 2026 as content costs and a studio deal lift expenses.Free cash flow is seen at $6B in 2026, down from $9.5B, as spending ramps up early in the year.Netflix (NFLX) delivered a strong fourth quarter of 2025, but the road ahead is defined by a deliberate tradeoff: spend more to grow more. Whether that calculus works in investors' favor depends on how well the streaming g ...