businessneutral
New York, NY, USATuesday, February 24, 2026
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Paramount’s latest move
- Paramount launched a $30 per share cash offer to block Warner from accepting Netflix’s $27.75 bid for its studios and streaming services.
- The company also seeks a stake in Discovery Global, Warner’s new cable spin‑off.
New bidding window
- A seven‑day period opened for Paramount to raise its offer.
- Analysts predict a lift to $32–$34 per share to pressure Netflix into matching.
- Paramount’s CEO insists the company will not overpay, while Netflix’s co‑CEO Ted Sarandos stresses discipline.
Regulatory and shareholder hurdles
- The deal requires approval from U.S. and international regulators.
- Warner will hold a special meeting on March 20 for shareholders to vote on the Netflix proposal.
Public stances
- Netflix accuses Paramount of spreading false information.
- Paramount claims the process is biased.
Upcoming developments
- Industry insiders expect more chatter on earnings calls this week.
- Paramount will report its latest quarter Wednesday.
- Warner will report Thursday.
- Both companies have declined to comment further.
Investors are closely watching this battle, which could reshape the streaming and cable landscape.
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