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Warner Bros. Discovery Eyes Renewed Discussions With Paramount Skydance After Latest Bid

https://variety.com/2026/biz/news/warner-bros-discovery-paramount-skydance-board-bid-netflix-1236664163/https://nypost.com/2026/02/15/business/why-paramount-may-soon-pull-ahead-of-netflix-in-battle-for-warner-bros-discovery/https://www.theguardian.com/film/2026/feb/16/warner-bros-discovery-sale-talks-paramount-offer-netflix
Variety.com and 3 more
Warner Bros. Discovery Eyes Renewed Discussions With Paramount Skydance After Latest Bid Open in Variety.com
Highlights
  • The Warner Bros. Discovery board leans toward re-engaging with Paramount Skydance on revised terms amid Netflix’s competing bid.
  • Paramount Skydance offers a premium to WBD shareholders of about $650 million per quarter if the Netflix-WBD deal isn’t completed by year-end.
  • Netflix holds a contract right to match any superior bid before completion, preserving leverage as WBD weighs its options.

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References

Why Paramount may soon pull ahead of Netflix in battle for Warner Bros. Discovery

Why Paramount may soon pull ahead of Netflix in battle for Warner Bros. Discovery

Warner Bros Discovery weighs new sale talks after fresh Paramount offer

Warner Bros Discovery weighs new sale talks after fresh Paramount offer

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

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

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