Paramount Sweetens Offer For Warner Bros. Discovery

by MrShadowKing2020

22 Comments

  1. mobpiecedunchaindan on

    >Paramount has  enhanced its offer for Warner Bros. Discovery, not formally moving above its $30 a share all cash bid but is moving in with a new $0.25 a share so-called “ticking fee” payable to WBD shareholders for each quarter its transaction has not closed beyond December 31, 2026.

    >Par said the move is equivalent to approximately $650 million cash value each quarter and underscores “Paramount’s confidence in the speed and certainty of regulatory approval for its transaction.”

    >Paramount also agreed to fund a $2.8 billion termination fee payable to Netflix and said it is offering solutions to WBD’s debt financing costs and obligations.

    ellison could be making movies with this money

  2. Yet another “sweetens the bid” where they still don’t actually offer more fucking money. Y’know, how bidding usually works.

  3. Oh, go away, you prick. And it *still* isn’t more cash. The board need to try to remove Ellison for dereliction of duty at this point. Enough is enough. Paramount is hurting. 

  4. Top_Report_4895 on

    Paramount could buy whatever the fuck is left of Miramax, Valiant Comics and Hasbro for the I.P. and folding in Annapurna for like half the money.

  5. crystal_clear24 on

    Omg they’re still not taking no for an answer huh. Unbelievable. If only he’d shift this energy into improving the company he already has.

  6. MarkCuckerberg69420 on

    I can’t wait for the dramatized Netflix series about this behind-the-scenes drama. Please make it under the WB banner for extra spice.

  7. I’m surprised so many on here are rooting for Netflix to win over Paramount. Aren’t we supposed to be rooting for the success of theaters? Netflix would love nothing more than to see movie theaters die out.

  8. I just don’t want Netflix owning WB. They are extremely anti consumer and ruin everything they touch. The only good shows they had were gone before even getting a proper send off.

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