Companies

Warner Bros. Discovery Likely to Take New Paramount Skydance Offer Under Review While Still Recommending Netflix Pact to Shareholders

February 24, 2026

Warner Bros. Discovery is currently reviewing a new, higher offer from Paramount Skydance for its acquisition while still recommending a separate Netflix deal to its shareholders. The negotiations follow Paramount's previous bid and aim to address financing concerns that had been raised.

David Ellison David Zaslav Paramount Warner Bros

Credit: Variety

Key Highlights

Paramount Skydance has submitted a higher offer to acquire Warner Bros. Discovery.
The new bid improves on a previous $30-a-share all-cash proposal.
Warner Bros. is also recommending a separate deal with Netflix to its shareholders.
The Netflix agreement involves selling Warner's film and TV studios for $27.75 a share.
Warner Bros. is expected to inform shareholders about the review of the Paramount offer soon.

News Netflix Paramount Skydance Warner Bros. Discovery

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 Bros. Discovery Likely to Take New Paramount Skydance Offer Under Review While Still Recommending Netflix Pact to Shareholders

Key Highlights

Sources

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