Paramount grows more confident Warner Bros. Discovery will drop Netflix bid
Confidence is growing inside Paramount Skydance that Warner Bros. Discovery will jettison its deal with Netflix in a matter of days and reopen a month...
Last updated: 2026-02-17 12:00:24 ET
Confidence is growing inside Paramount Skydance that Warner Bros. Discovery will jettison its deal with Netflix in a matter of days and reopen a month...
Warner Bros Discovery might have to take David Ellison’s barely sweetened offer for the media giant, after all, The Post has learned.
Warner Bros. Discovery had agreed to sell itself to Netflix, but its contract allows it to pursue offers that may lead to a superior deal.
Warner Bros. board members are weighing whether Paramount's sweetened bid may result in a better deal or prompt Netflix to up its offer, Bloomberg reports.
Members of Warner Bros' board are discussing whether Paramount could offer the path to a superior deal, the Bloomberg report said.
At least for now, Paramount needs to work hard to change the hearts and minds of WBD investors about Netflix.
Institutional owners of Warner Bros. shares might jump ship as Paramount ups the ante.
Cleveland-based wealth management firm Ancora Holdings, a company with a $200 million stake in Warner Bros, is reportedly urging the company to recons...
The Cleveland-based firm, which manages roughly $11 billion in assets, has built a stake valued at about $200 million.
On the face of it, Paramount's revised offer sounds like a clunker.