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Warner Bros Discovery Considers Paramount Skydance's Improved $108B Bid Over Netflix Deal
WBD board debates if PSKY's revised $30/share offer with delay and breakup fees trumps its $27.75/share Netflix merger, potentially igniting a.
Synthesized from:
Diari d'Andorra
Key Points
- WBD sold studio/HBO Max to Netflix for $27.75/share in Dec; PSKY bids $30/share for whole firm (~$108B).
- PSKY added $0.25/share quarterly delay fee ($650M/qtr) after Jan 2027 and Netflix breakup fee.
- Board views PSKY bid as potentially superior; no decision, Netflix deal binding.
- WBD must notify Netflix of talks, giving it match rights; PSKY advancing antitrust approvals.
Warner Bros Discovery (WBD) is weighing whether to reopen talks with Paramount Skydance (PSKY) after receiving an improved takeover bid last week, a move that could prompt a rethink of its existing merger deal with Netflix.
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Original Sources
This article was aggregated from the following Catalan-language sources: