Netflix(US:NFLX) Xin Lang Cai Jing·2026-02-10 16:17Group 1 - Paramount Skydance Corp. is improving its hostile takeover bid for Warner Bros. Discovery, seeking shareholder support against Netflix's offer [2] - Paramount will cover a $2.8 billion breakup fee if Warner Bros. terminates its deal with Netflix, along with $1.5 billion in refinancing costs [2] - To demonstrate confidence in obtaining regulatory approval, Paramount will pay Warner Bros. shareholders a "ticking fee" of $0.25 per share for each quarter if the deal is not completed by December 31 [2] Group 2 - A key strategy for Paramount in blocking Netflix's acquisition plan is to showcase its regulatory advantages [3] - Successfully navigating the waiting period could serve as a signal from the government, persuading Warner Bros. shareholders to vote against the Netflix deal [3]