Warner Bros Discovery (WBD) has reopened talks with Paramount Skydance, giving the company seven days to table its best and final offer and top an existing agreement with Netflix.WBD has so far stuck to its binding agreement with Netflix and rejected a series of sweetened offers from Paramount, resulting in the company pursuing a hostile $108.4bn (£76.8bn) takeover directly with shareholdersLast week, WBD said that a senior representative for Paramount had informally told a board member that it would raise ...

根据奈飞授予的豁免条款，华纳兄弟与派拉蒙的接触可以持续到2月23日。声明称，华纳兄弟已要求派 拉蒙提供其最高且最终提案，并计划在此期间讨论最新报价中尚未解决的缺陷。 如果在该谈判期后，华纳兄弟董事会认定派拉蒙提出了更优厚的方案，奈飞将有权匹配派拉蒙的最新报 价，以保持其现有协议完好无损。 派拉蒙自去年9月以来一直试图收购华纳兄弟，这一努力导致华纳兄弟正式挂牌出售。在最终输给奈飞 之前，该公司曾数次提高出价。三天后，派拉蒙对华纳兄弟发起了每股30美元的恶意要约收购。 根据与奈飞协议的条款，华纳兄弟旗下的有线电视频道(如CNN和TNT)将被剥离为一家新公司——探索 全球(Discovery Global)。 意图收购华纳兄弟全部业务的派拉蒙坚称，其交易对股东更有利，并在过去几个月中一直致力于游说监 管机构和投资者。 智通财经APP获悉，华纳兄弟探索公司(WBD.US)已同意暂时重启与竞争对手好莱坞制片厂派拉蒙天舞 (PSKY.US)的出售谈判，这为可能与奈飞(NFLX.US)展开的第二轮竞购战拉开了序幕。 根据周二的一份声明，华纳兄弟与流媒体巨头谈判达成了一项豁免协议，允许其在七天内就派拉蒙最近 一次报价的条款进 ...

Core Viewpoint - The Warner Bros. Discovery board has established a seven-day period for Paramount to submit its "best and final" takeover offer [1] Group 1 - Warner Bros. Discovery is actively engaging in acquisition discussions with Paramount [1] - The seven-day window indicates a sense of urgency in the negotiation process [1] - This move reflects the competitive landscape in the media and entertainment industry, where consolidation is becoming increasingly common [1]

Core Viewpoint - Paramount Skydance is making a hostile takeover bid for Warner Bros. Discovery valued at $108.4 billion, with a tender offer of $30 per share directed at WBD shareholders [1][2]. Group 1: Takeover Bid Details - Paramount Skydance's offer comes after it lost a bidding war to Netflix for WBD's streaming and studio businesses [2]. - Warner Bros. Discovery has received a limited waiver from Netflix, allowing it to engage in discussions with Paramount Skydance for a seven-day period to explore deficiencies in the offer [3][5]. - Paramount has indicated that its $30 per share offer is not its "best and final," suggesting a willingness to increase the offer to $31 per share if negotiations resume [4]. Group 2: Warner Bros. Discovery's Position - WBD's CEO, David Zaslav, emphasized the company's focus on maximizing value for shareholders and has provided clear feedback to Paramount regarding the deficiencies in their offer [6]. - A special meeting of WBD shareholders is scheduled for March 20, where the board continues to recommend the Netflix deal over Paramount's offer [6].

Warner Bros. Studio in Burbank. The closely watched sale of the century-old studio is expected to reshape Hollywood. (Myung J. Chun / Los Angeles Times) Warner Bros. Discovery is cracking open the door to allow spurned bidder, Paramount Skydance, to make its case that it should win the legendary entertainment company — the latest twist in the contentious, high-stakes auction. Warner's decision to reopen talks comes after weeks of pressure from Paramount and its controlling shareholder, scion David Elliso ...

Key TakeawaysThomas Pritzker has resigned as Executive Chairman of Hyatt Hotels Corp (H), citing his past association with Jeffrey Epstein and Ghislaine Maxwell as a significant misjudgment.The European Union is moving to require that Electric Vehicles (EVs) be at least 70% EU-made to qualify for state subsidies, a major protectionist shift aimed at countering Chinese imports.Sky Group, a subsidiary of Comcast (CMCSA), will not renew its long-standing content licensing pact with Warner Bros. Discovery (WBD) ...

Warner Bros Discovery Stalls at $27.99 as $108 Billion Paramount Bid Faces Delay - 24/7 Wall St.[S&P 5006,840.30 +0.07%][Dow Jones49,541.00 +0.14%][Nasdaq 10024,678.80 -0.17%][Russell 20002,639.05 -0.31%][FTSE 10010,472.70 +0.18%][Nikkei 22556,775.50 -1.33%][Investing]# Warner Bros Discovery Stalls at $27.99 as $108 Billion Paramount Bid Faces Delay### Quick ReadWarner Bros Discovery (WBD) trades at $27.99 as Netflix's $72B offer competes with Paramount's $108.4B counteroffer.Warner Bros Discovery revenue d ...

市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 华纳兄弟探索正在评估是否重启与派拉蒙的并购谈判，派拉蒙于上周提交了经过优化的最新收购方案。 本文源自：市场资讯 去年12月，华纳兄弟探索曾同意以830亿美元将旗下流媒体与影视工作室业务出售给Netflix，彼时拒绝 了派拉蒙1080亿美元收购全公司（含有线电视业务）的报价，理由是认为该交易风险高于Netflix方案。 此后派拉蒙直接向华纳股东发起收购要约，并先后两次优化方案，但未提高每股价格。 上周，派拉蒙针对华纳的多项顾虑做出核心让步：同意承担华纳若终止Netflix交易需支付的28亿美元违 约金，同步承接华纳兄弟探索的债务成本，并承诺从2027年起，若交易每延迟一个季度未完成，将向华 纳股东支付约6.5亿美元现金补偿。 目前，华纳兄弟探索董事会正就派拉蒙的最新报价是否构成更优方案展开讨论。根据华纳与Netflix的协 议条款，前者有权接洽可能带来更高价值的交易报价。若华纳决定重启与派拉蒙的谈判，需按协议要求 通知Netflix，Netflix届时将获得提高自身报价的权利。华纳需在2月25日前对派拉蒙的最新方案作出正 式回 ...

Netflix's Warner Bros. Deal Is Under Fire. Odds Shift in Paramount's Favor. - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# Netflix's Warner Bros. Deal Is Under Fire. Why the Odds Are Shifting in Paramount's Favor.By [George Glover]ShareRes ...

Core Viewpoint - Warner Bros Discovery (WBD) may need to reconsider a bid from Paramount Skydance due to regulatory pressures surrounding its nearly finalized $72 billion deal with Netflix [1][2]. Group 1: Bidding Process and Offers - WBD is under pressure to reopen the bidding process and consider a "sweetened" offer from Paramount, which has not increased its all-cash bid of $78 billion but has agreed to cover a breakup fee to exit the Netflix deal [3][5]. - Paramount's CEO David Ellison is hopeful for an increase in their offer to over $85 billion, surpassing Netflix's bid of $27.75 per share [5]. - If WBD reopens the bidding, Netflix will have the opportunity to match any new offer from Paramount [6]. Group 2: Regulatory Challenges - The regulatory environment poses significant challenges for Netflix, with potential antitrust scrutiny from the Trump administration that could delay the deal for six months or more [4][9]. - Concerns about Netflix's market power and its implications for competition are heightened, with the DOJ examining whether Netflix constitutes a streaming monopoly [12][13]. - GOP lawmakers have expressed worries about Netflix's influence over culture and programming, which may further complicate WBD's decision-making process [14].