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Warner Bros. Discovery deems Paramount's bid ‘superior' — putting Netflix in the hot seat
MarketWatch· 2026-02-26 22:23
Netflix now has four days to decide whether to raise its offer or bow out of the bidding for Warner Bros.' famed studio and its HBO Max streaming business. ...
Netflix given four days to match ‘superior' Paramount offer for Warner Bros Discovery
The Guardian· 2026-02-26 22:10
Netflix has been given four days to beat a sweetened offer by Paramount Skydance for the assets of Warner Bros Discovery in the latest twist in the battle for control of the media giant.In an announcement on Thursday afternoon, WBD said that its board had determined Paramount’s revised offer to be a “company superior proposal” compared to Netflix’s $82.7bn deal – triggering Netflix’s window to respond.In its revised offer, Paramount offered $31 per share for the company, up from $30, a $7bn regulatory termi ...
Warner Bros. Discovery says Paramount's $31 per share bid is ‘superior' to Netflix offer — latest twist in bidding war
New York Post· 2026-02-26 22:06
Warner Bros. Discovery’s board has labeled a revamped bid from Paramount Skydance a “superior proposal,” throwing a wrench into its pending merger with Netflix.The New York-based media giant announced the decision on Thursday, triggering a four-business-day window for Netflix to match the offer or lose the dealAny new company that emerges from this bidding war would include HBO Max and rival tech giants Amazon and Apple in the increasingly competitive streaming market. REUTERSDavid Ellison’s Paramount Skyda ...
Warner Discovery Says Paramount's Latest Bid Is Superior to Netflix Deal
WSJ· 2026-02-26 21:42
Netflix has four business days to try to match Paramount's offer. ...
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 ...