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NYT has learned about the possible resumption of negotiations between Warner Bros. and Paramount

NYT: Warner Bros discusses consideration of improved Paramount offer
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Warner Bros. Board of Directors Discovery is considering resuming negotiations with Paramount after the latter submitted an updated purchase offer. This was reported on February 15 by The New York Times (NYT).

Warner Bros. management is being clarified. Discovery is discussing whether Paramount's initiative could lead to a better deal than previously agreed terms with Netflix.

On February 10, Paramount added a new condition to the offer — a "waiting fee" of 25 cents per share. These payments to Warner Bros. shareholders are expected to be made quarterly, starting in January 2027, unless the Netflix deal is closed by then.

Paramount is ready to commit to paying $2.8 billion— the amount of compensation that Warner Bros. Discovery will have to transfer Netflix in case of failure of the deal for $ 82.7 billion. At the same time, Paramount's total offer price remained unchanged at $30 per share, which corresponds to the company's total valuation of $108.4 billion.

On January 20, Warner Bros. agreed to a Netflix offer for an all-cash deal. It was clarified that Netflix initially proposed a deal worth $82.7 billion, which provided for the payment of $23.25 billion in cash and $4.5 billion in Netflix ordinary shares to Warner shareholders, with adjustments in case of a decline in quotations below $97.91 per paper.

All important news is on the Izvestia channel in the MAX messenger.

Переведено сервисом «Яндекс Переводчик»

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