Entertainment

Warner Board Says Paramount Agreed To Raise Offer To $31 A Share Or More If Two Sides Engaged

February 17, 2026

Warner Bros. Discovery (WBD) is entering a seven-day negotiation period with Paramount, during which Paramount's bid may increase to $31 per share. Despite these discussions, WBD continues to support its agreement with Netflix, with a shareholder vote scheduled for March 20 to approve the Netflix merger.

David Ellison

Credit: Deadline

Key Highlights

Paramount's CEO has indicated a willingness to raise the bid to $31 per share if negotiations with WBD proceed.
WBD is holding a special shareholder meeting on March 20 to vote on its merger with Netflix.
Paramount has been making various offers to acquire WBD, all initially at $30 per share.
WBD aims to clarify Paramount's best and final offer during the negotiation period ending February 23.
Netflix criticized Paramount for misleading WBD shareholders amid its acquisition efforts.

News David Ellison Netflix Paramount Warner Bros. Discovery Greg Peters Ted Sarandos Paramount Skydance

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Warner Board Says Paramount Agreed To Raise Offer To $31 A Share Or More If Two Sides Engaged

Key Highlights

Sources

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