Netflix Ready to Boost Warner Bros. Discovery Bid Amidst Paramount Rivalry
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Netflix vs. Paramount: Battle Heats Up for Warner Bros. Discovery Acquisition
M
Moneycontrol•20-02-2026, 09:17
Netflix vs. Paramount: Battle Heats Up for Warner Bros. Discovery Acquisition
•Netflix and Paramount are in a fierce bidding war to acquire Warner Bros. Discovery Inc.'s TV, film studios, and streaming divisions.
•Netflix has offered $27.75 per share ($82.7 billion) for the studios and streaming business, while Paramount offered $30 per share ($108.4 billion) for the entire company.
•Warner Bros. rejected Paramount's latest bid but gave them a week to submit a "best and final" offer; a shareholder vote on Netflix's offer is set for March 20.
•Netflix, with $9.03 billion in cash, is prepared to increase its bid if Paramount raises its offer.
•Breakup fees are significant: Netflix would pay $5.8 billion if its deal fails, and Warner Bros. would pay $2.8 billion to Netflix if shareholders reject the deal or another offer is accepted.
