Paramount sweetens bid for Warner Bros Discovery

2026년 2월 11일 · Unknown · financial · 출처 Yahoo Finance

STORY: Paramount Skydance sweetened its hostile takeover bid for Warner Bros Discovery as it continues to battle Netflix for possession of the famed Hollywood studio.Paramount on Tuesday offered 25 cents per share for each quarter the deal fails to close, starting in January of 2027.That so-called "ticking fee" would amount to roughly $650 million in cash per quarter until the deal's completion.Paramount also said it would cover the $2.8 billion break-up fee that Warner Bros would owe Netflix if their deal fell apart.:: $108.4 billionParamount did not raise its overall offer of $30 per share, or $108.4 billion including debt, for the whole of Warner Bros, home to major franchises "Game of Thrones," "Harry Potter" and DC Comics' superheroes Batman and Superman.:: $82.7 billionNetflix has offered $82.7 billion in cash for Warner Bros' studio and streaming assets.Several analysts said Paramount's move signaled confidence that the Netflix deal may fail to pass regulatory scrutiny and that Paramount would have an easier path to approval.Paramount's CEO David Ellison is the son of billionaire Oracle co-founder Larry Ellison, who has cultivated a close relationship with President Donald Trump.Last week, Trump said he will stay out of the battle for Warner Bros, a reversal from late last year when he said he would be involved in reviewing the deal.One analyst told Reuters that Paramount's sweetened offer is unlikely to sway Warner Bros, adding quote, "Paramount is throwing spaghetti at the wall and hoping something sticks."Warner Bros and Netflix did not immediately respond to requests for comment.Shares of all three companies were higher in Tuesday morning trading.

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