Warner Bros. Discovery Says It’s Reviewing Sweetened Paramount Bid

The Hollywood Reporter·Feb 24

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

Warner Bros. Discovery is reviewing a revised bid from Paramount, which may have been sweetened to rival a competing offer from Netflix. The terms of the revised bid are not entirely clear, with some reports suggesting it includes an offer to pay break-up costs and other fees, and a price of $31 per share. Warner Bros. Discovery's board will weigh the Paramount offer against the Netflix deal.

Full coverage

WBD says Paramount raised its bid to $31 per share, board will weigh offer against Netflix deal

CNBC·Feb 24

Warner Bros. Discovery Confirms Paramount Sent Revised Bid, but Doesn’t Divulge New Terms

Variety·Feb 24

Paramount Skydance sweetens bid for Warner Bros Discovery

The Guardian·Feb 24

David Ellison's Paramount Skydance has revised its bid as it battles Netflix for Warner Bros. Discovery

Business Insider·Feb 24

Warner Bros says sweetened Paramount bid may top Netflix deal

Financial Times·Feb 24

WBD May Engage With Paramount After Ellisons’ Latest Offer As State Of Play Shifts

Deadline·Feb 15

Paramount sweetens Warner Bros bid with offer to pay Netflix break-up cost, other fees

Reuters·Feb 10

Warner Bros. Discovery is starting seven days of talks ending February 23 for discussions with Paramount, seeking clarity for WBD stockholders. Read more below.

facebook.com·Feb 17

View original report at The Hollywood Reporter ↗

Fetching the latest headlines…