Warner Bros. Discovery Board Determines Paramount Skydance’s $31 Per Share Offer Is ‘Superior Proposal’ to Netflix Bid

The Wrap
By Lucas ManfrediFeb 26, 2026, 4:22 pm50 pts
Warner Bros. Discovery’s board has determined that Paramount’s latest $31 per share offer is a “superior proposal” to Netflix’s $83 billion deal. Ellison’s tenth bid includes a daily ticking fee equal to 25 cents per quarter beginning after Sept. 30, 2026. Paramount will pay a $7 billion termination…

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