Netflix(US:NFLX) Huan Qiu Wang·2026-01-13 03:00Group 1 - Paramount's Skydance plans to nominate directors to the Warner Bros. Discovery (WBD) board to oppose WBD's $82.7 billion acquisition deal with Netflix and promote its own acquisition proposal [1][3] - Paramount has filed a lawsuit demanding WBD disclose financial information related to the deal, including evaluations of WBD's global television network business [1][3] - Paramount's CEO David Ellison stated that the outcome may depend on shareholder votes at the annual meeting unless WBD decides to negotiate under the Netflix merger agreement [3][4] Group 2 - Paramount proposed an acquisition offer of $108.4 billion for WBD, while Netflix's offer includes a personal guarantee of $40 billion from Oracle co-founder Larry Ellison [3][4] - The Netflix deal offers $23.25 per share in cash, stock, and equity in the split-off Paramount global television network, while Paramount's offer is $30 per share in cash [4] - WBD's board previously rejected Paramount's offer, labeling it as the "largest leveraged buyout in history," and indicated that accepting Paramount's bid would incur $4.7 billion in costs [4]