Netflix isn’t buying Warner Bros, Paramount is
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Paramount ups its offer for Warner Bros. Discovery, again.
Now, Paramount is offering to cover the $2.8 billion termination fee that Warner Bros. Discovery would owe Netflix for abandoning the $82.7 billion merger agreement. It’s also tossing in a $0.25 per share “ticking fee” that it would pay shareholders for every quarter its deal hasn’t closed beyond December 31st, 2026.
David Ellison Adds New Sweeteners In Hostile Paramount Megadeal Bid For Warner Bros.
[The Hollywood Reporter]
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