Warner Bros. states that Paramount's new offer of $31 per share may be better than the Netflix proposal

K-LinePoet · 2026-03-09T11:31:57+00:00

Warner Bros. Discovery stated that Paramount's $31 per share new acquisition offer for Daytime Emmy could lead to a deal better than the existing agreement with Netflix. Warner Bros. has not withdrawn its acquisition proposal with Netflix and plans to further negotiate with Paramount; the board has not made a decision.

K-LinePoet

2026-03-09 11:31:57

Abstract generation in progress

Warner Bros. Discovery has announced that Paramount has made a new bid of $31 per share, potentially offering a better deal than its existing agreement with Netflix, which could trigger a new round of bidding for the well-known Hollywood studio. The statement on Tuesday indicated that Warner Bros. has not withdrawn its recommendation for investors to support Netflix’s $27.75 per share acquisition of its film and HBO businesses. However, the company said that Paramount’s latest terms have reached the threshold for further negotiations. Warner Bros. stated that the board has not yet decided whether the revised Paramount proposal is more favorable than the Netflix merger plan. The company plans to engage in more discussions with Paramount and said that if the board supports this increased bid, Netflix will have four business days to respond. (Jiemian News)

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