Paramount Skydance's hostile bid for Warner Bros. Discovery appeared to be on shakier ground Wednesday, after the Warner Bros. ...

Joining us right now is Rich Greenfield, Lightshed Partners. Uh you've probably now had some opportunity to go through uh the document that Warner Brothers put out. You've seen what Netflix had to say about it.Which in your mind is the better deal, Rich. Putting aside whether we get to a bidding war, which I'm sure we will, but or or we may at least right now. >> I mean, I don't even think it's close, Andrew.I mean, think about the things that you learned in this document. I mean, just right off the bat, th ...

Joining us right now is Rich Greenfield, Lightshed Partners. Uh you've probably now had some opportunity to go through uh the document that Warner Brothers put out. You've seen what Netflix had to say about it.Which in your mind is the better deal, Rich. Putting aside whether we get to a bidding war, which I'm sure we will, but or or we may at least right now. >> I mean, I don't even think it's close, Andrew.I mean, think about the things that you learned in this document. I mean, just right off the bat, th ...

Dec 17 (Reuters) - Warner Bros Discovery's board rejected Paramount Skydance's $108.4 billion hostile bid on Wednesday, saying it failed to provide adequate financing assurances. In a letter to shareholders, disclosed in a regulatory filing, the board wrote that Paramount had "consistently ​misled" Warner Bros shareholders that its $30-per-share cash offer was fully guaranteed, or "backstopped," by the Ellison family, led by billionaire ‌and Oracle co-founder Larry Ellison. "It does not, and never has," ...

Warner Bros Discovery's board rejected Paramount Skydance's $108.4 billion hostile bid on Wednesday, saying it failed to provide adequate financing assurances. ...

智通财经APP获悉，据消息，HBO与CNN的母公司华纳兄弟探索公司(WBD.US)正建议其股东拒绝派拉 蒙天舞公司(PSKY.US)的敌意收购要约，转而支持其与流媒体巨头奈飞(NFLX.US)的原定协议，并认为 派拉蒙的报价"更低劣"且"不充分"。 在华纳兄弟董事会同意将其流媒体和影视工作室业务出售给奈飞后，CBS和Nickelodeon的母公司派拉蒙 一直直接向华纳兄弟股东提出收购整个公司的要约。华纳兄弟计划在完成奈飞交易前，将CNN和TNT 等有线电视网络分拆为独立公司。 由软件业亿万富翁拉里·埃里森及其儿子大卫控制的派拉蒙，正在与全球最具价值的娱乐公司奈飞竞 争，意图收购好莱坞最具传奇色彩的制片厂之一华纳兄弟以及电视业务皇冠上的明珠HBO。派拉蒙和 奈飞的高管均声称自己将成为最佳所有者，并能利用令人垂涎的华纳兄弟片库增强其流媒体业务。 大卫·埃里森批评了竞标过程，指责华纳兄弟不公正地偏袒奈飞。然而，华纳兄弟则将埃里森父子描绘 为咄咄逼人且缺乏条理。该公司在截止日期后提交报价，未能解决对其要约的诸多担忧，同时对管理层 既威胁又拉拢。华纳兄弟表示，它多次对埃里森家族将支持任何交易的证据不足表示担忧。相比之下 ...

Netflix stock (NASDAQ: NFLX) surged in pre-market trading on Wednesday after Warner Bros. Discovery's (WBD) board officially recommended that shareholders accept Netflix's $82.7 billion acquisition of... ...

and you guys will uh will join in this as well. But certainly very happy to have Greg Peters, the co-CEO of Netflix, join us now on a morning in which of course their deal to acquire uh Warner Brothers Discovery has been reaffirmed essentially by the Warner board. You heard from Sam Dipazo ear uh just a little while ago uh right here.Greg, great to have you with us this morning. Thank you. Um >> good to be here.love to start with antitrust because it has been one of the key risks seen for both your deal and ...

Core Viewpoint - Warner Bros. Discovery (WBD) is favoring a merger with Netflix over a hostile takeover bid from Paramount Skydance, emphasizing the Netflix deal's superior value and lower risk for shareholders [2][4][5]. Group 1: Warner Bros. Discovery's Position - WBD's board rejected Paramount's offer of $30 per share, recommending shareholders accept Netflix's offer of $27.75 per share, which includes a separation of its cable networks from HBO and HBO Max [2][4]. - WBD's board chair stated that Paramount's offer was inadequate and posed significant risks to shareholders, particularly regarding financing issues [3][4]. - WBD shareholders have until January 8 to decide on Paramount's offer, with a potential $2.8 billion fee payable to Netflix if the deal collapses [4]. Group 2: Netflix's Strategy and Offer - Netflix's co-CEOs praised WBD's decision, asserting that the merger agreement is in the best interest of stockholders and will enhance consumer choice and value [5][6]. - The Netflix-WBD deal is projected to close within 12 to 18 months, with Netflix confident in obtaining regulatory approvals [6][10]. - The total equity value for WBD stockholders in the Netflix deal is $27.75 per share, comprising $23.25 in cash and $4.50 in Netflix stock, along with additional value from the separation of Discovery Global [11]. Group 3: Competitive Landscape - The global entertainment market is highly competitive, with Netflix currently holding an 8% TV view share in the U.S., while a combined Netflix-HBO/HBO Max would only increase this to 9.2% [15]. - If Paramount were to acquire WBD, its market share would rise to 14%, highlighting the competitive stakes involved in the merger [15]. - Netflix aims to leverage Warner Bros.' successful theatrical film division and HBO's prestige television to enhance its content offerings and market position [20][21]. Group 4: Commitment to Creative and Consumer Value - Netflix is committed to preserving Warner Bros.' film library and ensuring theatrical releases with standard windows, marking a shift in its business model [22][24]. - The merger is expected to create more opportunities for creators and enhance the overall entertainment industry by combining Netflix's global reach with Warner Bros.' production capabilities [20][21]. - Netflix emphasizes its track record of value creation and operational excellence, aiming to continue this legacy through the merger with Warner Bros. [13].

本文源自：金融界AI电报 奈飞(NFLX.O)首席执行官：我们坚信监管机构最终会认为与华纳兄弟探索公司(WBD.O)的交易有利于 消费者、有利于增长。 ...