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Warner Bros Weighs Reopening Paramount Talks
- Following Paramount's sweetened proposal, the Warner Bros. Discovery board is weighing reopening negotiations after a longer period of consideration, and this is the first time it has assessed whether Paramount's bid could prompt Netflix to offer better terms.
- Paramount launched a hostile $30-per-share all-cash bid in December and last week added a 25-cent ticking fee for regulatory delays.
- Shareholders would receive coverage of Netflix's $2.8 billion termination fee, and Paramount would eliminate $1.5 billion in possible refinancing costs.
- Warner Bros. agreed in December to sell its film studio and HBO Max to Netflix for $27.75 per share, and both Paramount and Netflix said they would be willing to raise bids.
- A ticking fee would be $650 million per quarter for every quarter the deal has not closed by Dec. 31, 2026, while the Warner Bros. logo at Warner Bros. Studio, Burbank, California underscores the studio's stakes.
84 Articles
84 Articles
Hollywood: Although Promised to Netflix, Warner Is Thinking of Reopening Negotiations with Paramount
DECRYPTAGE - With one month of the shareholders' vote that will seal the fate of the American film giant, the band led by David Ellison could take over on Netflix, the great favorite party in the battle.
Warner Bros. Board Considers Reopening Talks with Paramount — Is The Netflix Deal in Danger?
The battle between Paramount and Netflix over Warner Bros. isn’t over yet — not by a long shot. According to a new report from Bloomberg, Warner Bros. Discovery’s board is now actively weighing whether to reopen sale negotiations with Paramount Skydance after receiving an amended offer that could rival — or even surpass — its existing agreement with Netflix. While no decision has been finalized, the mere consideration of Paramount’s revised bid …
A bidder fight is raging around the media giant. After Warner had recently preferred Netflix as a buyer, members of the Warner Board of Directors are now supposed to have advised about the improved offer of Paramount.
David Ellison May Get What He Wants as WB Reconsiders Paramount Offer
All hail the great and powerful David Ellison! As someone whose forehead is also exceptionally large, I think the fact that his forehead looks like you can project an entire movie in VistaVision on it is pretty fantastic. His lack... Read more...
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diarioestrategia.clWarner Bros. Discovery (WBD) would be considering reopening negotiations on a potential sale to...
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