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Netflix Will Not Raise Offer for Warner Bros: Stock Climbs
Benzinga· 2026-02-26 23:24
Netflix, Inc. (NASDAQ:NFLX) shares climbed in Thursday’s extended trading after the company said it declined to raise its offer to acquire Warner Bros. Discovery Inc. (NASDAQ:WBD) .NFLX stock is climbing. See the chart and price action here. Here’s what to know.Netflix Walks AwayIn a statement released Thursday evening, Netflix officially decided to walk away from its bid for Warner Bros., choosing financial discipline over a bidding war. After WBD's board officially labeled Paramount Skydance's (NASADQ:PSK ...
Netflix放弃对华纳的竞购
Xin Lang Cai Jing· 2026-02-26 23:22
Netflix没有在围绕华纳兄弟探索的持续数月的竞购战中加码,从而让派拉蒙获胜。Netflix表示,华纳兄 弟探索认定派拉蒙的最新报价优于其与Netflix的现有协议,而匹配该报价将使这笔交易不再具有财务吸 引力。Netflix的联席首席执行官在一份声明中表示:"我们相信,我们本可以成为华纳兄弟旗下标志性 品牌的强大管理者。"并补充说,他们的交易本可以壮大娱乐业。"但这笔交易在价格合适的情况下向来 是锦上添花,而不是不惜任何代价都势在必得。" 责任编辑:王永生 Netflix没有在围绕华纳兄弟探索的持续数月的竞购战中加码,从而让派拉蒙获胜。Netflix表示,华纳兄 弟探索认定派拉蒙的最新报价优于其与Netflix的现有协议,而匹配该报价将使这笔交易不再具有财务吸 引力。Netflix的联席首席执行官在一份声明中表示:"我们相信,我们本可以成为华纳兄弟旗下标志性 品牌的强大管理者。"并补充说,他们的交易本可以壮大娱乐业。"但这笔交易在价格合适的情况下向来 是锦上添花,而不是不惜任何代价都势在必得。" 责任编辑:王永生 ...
Netflix backs out of Warner Bros. bidding war after Paramount made 'superior' offer
Fox Business· 2026-02-26 23:15
Netflix dropped its bid to buy Warner Bros. after the studio announced Paramount's latest bid to buy the entire company was "superior." "The transaction we negotiated would have created shareholder value with a clear path to regulatory approval. However, we've always been disciplined, and at the price required to match Paramount Skydance's latest offer, the deal is no longer financially attractive, so we are declining to match the Paramount Skydance bid," Netflix co-CEOs Ted Sarandos and Greg Peters said in ...
奈飞拒绝提高对华纳兄弟的报价后股价上涨4%。
Xin Lang Cai Jing· 2026-02-26 22:55
来源:滚动播报 奈飞拒绝提高对华纳兄弟的报价后股价上涨4%。 ...
Netflix Declines to Raise Offer for Warner Bros.
Deadline· 2026-02-26 22:55
Netflix has thrown in the towel and won’t be raising its offer for Warner Bros. to match a rival bid by Paramount — game changing news caps several days of action around the bidding war. Warner Bros. Discovery had just determined that the latest offer it received from Paramount was superior to the deal it signed with Netflix on Dec. 5. Netflix had four business days to match Paramount’s offer but co-CEOs Ted Sarandos and Greg Peters did not wait. They regretfully took the company out of the running, sayin ...
Netflix Has Four Days To Counter Paramount's ‘Superior' Offer For Warner Bros.
Forbes· 2026-02-26 22:45
ToplineWarner Bros. Discovery said Thursday that Paramount Skydance’s acquisition proposal is “superior” to Netflix’s offer, giving the streaming giant four days to counter with a better deal in a battle that will shake up the media and entertainment industry.Warner Bros. Discovery published its statement about the offer Thursday afternoon.Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images ...
Warner Bros. Discovery Beats Q4 EBITDA Estimates Amid Competing Takeover Bids
Financial Modeling Prep· 2026-02-26 22:34
Core Insights - Warner Bros. Discovery reported higher-than-expected fourth-quarter core earnings and is "well positioned" for long-term success while evaluating competing takeover proposals from Paramount Skydance and Netflix [1] - The company reiterated its existing merger agreement with Netflix but acknowledged that Paramount's revised offer could lead to a superior proposal [1][3] Financial Performance - For the fourth quarter, adjusted core earnings before interest, taxes, depreciation, and amortization totaled $2.22 billion, down 19% from the prior year but exceeding Bloomberg consensus estimates of $2.11 billion [4] - Revenue declined 5.7% to $9.46 billion, although this figure surpassed expectations [4] Takeover Proposals - Paramount raised its bid to $31 per share for Warner Bros., increasing the termination fee from $5.8 billion to $7 billion if regulatory approval is not obtained [2] - Netflix's offer stands at $27.75 per share for Warner Bros.'s studios and HBO Max streaming business, while Warner Bros. plans to spin off its traditional television operations into a separate entity [3] Studios Segment Performance - The studios segment showed a 52% year-over-year increase in core profit to $2.55 billion, excluding currency effects, with early momentum noted in the division [5] - Streaming subscribers reached nearly 132 million, exceeding the target of 130 million set in August 2022, with expectations to surpass 140 million by the end of the current quarter [5]
WBD Board Determines Paramount Offer Is A ‘Company Superior Proposal'
Forbes· 2026-02-26 22:12
LOS ANGELES, CALIFORNIA - FEBRUARY 23: An aerial view of the Paramount logo on the water tower at Paramount Studios on February 23, 2026 in Los Angeles, California. Paramount Skydance is poised to increase its takeover offer for Warner Bros. Discovery above Netflix’s current bid, setting up a high-stakes bidding war that could see Netflix walk away from the deal if outbid. (Photo by Justin Sullivan/Getty Images)Getty ImagesThe board of Warner Bros. Discovery released a statement Thursday afternoon declaring ...
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 ...