Streaming servisi

February 19Feb 19

February 20Feb 20

vote on the Netflix pact on March 20.
https://variety.com/2026/film/news/paramount-warner-bros-discovery-doj-antitrust-review-123666827

https://x.com/i/status/2024873044162859094

Edited February 20Feb 20 by vememah

February 25Feb 25

Warner Bros. Discovery and Paramount Skydance leaders spent a busy week in negotiations, and now the WBD board is likely to tell shareholders before the market opens on Tuesday that it is taking the bid under review while still recommending the Netflix transaction that is up for a vote on March 20.

https://variety.com/2026/film/news/warner-bros-discovery-review-paramount-offer-network-1236670592/

Republican attorneys general from 11 U.S. states have urged the U.S. Department of Justice to conduct a thorough review of Netflix's bid to acquire studio and streaming assets from Warner Bros., saying the deal threatens U.S. dominance in movies, according to a letter seen by Reuters.

https://www.reuters.com/world/11-us-states-urge-doj-thoroughly-probe-netflix-warner-bros-deal-2026-02-25/

February 26Feb 26

Warner Bros. Discovery Board Determines Revised Proposal from Paramount Skydance is the "Company Superior Proposal",Netflix have 4 days to match offer

https://ir.wbd.com/news-and-events/financial-news/financial-news-details/2026/Warner-Bros--Discovery-Board-of-Directors-Determines-Revised-Proposal-from-Paramount-Skydance-Constitutes-a-Company-Superior-Proposal/default.aspx

Revised PSKY Proposal Values WBD at Per Share Price of $31.00; Netflix Now Has a Four Business Day Match Period

NEW YORK, Feb. 26, 2026 /PRNewswire/ -- Warner Bros. Discovery, Inc. ("WBD") (NASDAQ: WBD) today announced that its Board of Directors (the "Board"), following consultation with its independent financial and legal advisors, has determined that the previously disclosed proposal from Paramount Skydance Corporation ("PSKY") (NASDAQ: PSKY) constitutes a "Company Superior Proposal" as defined in WBD's merger agreement with Netflix, Inc. ("Netflix") (NASDAQ: NFLX).

As disclosed by WBD on February 24, 2026, PSKY's proposal includes a purchase price of $31.00 per WBD share in cash, plus a daily ticking fee equal to $0.25 per share per quarter beginning after September 30, 2026, as well as a $7 billion regulatory termination fee payable by PSKY in the event the transaction does not close due to regulatory matters, payment by PSKY of the $2.8 billion termination fee that WBD would be required to pay to Netflix to terminate the existing Netflix merger agreement, an obligation of Larry J. Ellison and an associated trust to contribute additional equity funding to the extent needed to support the solvency certificate required by PSKY's lending banks, and a "Company Material Adverse Effect" definition that excludes the performance of WBD's Global Linear Networks segment.

WBD has notified Netflix of its determination that the PSKY proposal constitutes a "Company Superior Proposal." Under the terms of the Netflix merger agreement, this notice triggers a four business day period during which Netflix has the right to propose revisions to the Netflix merger agreement so that the PSKY proposal would cease to constitute a "Company Superior Proposal." Following the conclusion of this period, if the Board determines in good faith, after consultation with its independent financial and legal advisors, that, after considering any revisions to the terms of the Netflix merger agreement proposed by Netflix, the PSKY proposal continues to constitute a "Company Superior Proposal," WBD would be entitled to terminate the Netflix merger agreement.

The Netflix merger agreement remains in effect, and the Board continues to recommend in favor of the Netflix transaction and has not withdrawn or modified its recommendation.

Allen & Company, J.P. Morgan and Evercore are serving as financial advisors to Warner Bros. Discovery and Wachtell, Lipton, Rosen & Katz and Debevoise & Plimpton LLP are serving as legal counsel.

February 27Feb 27

Netflix izgleda odustao od bidding wara, zaradio par finih milijardi, pokupio se i otišao.

Mislim da su obe opcije bile grdne, ali da je Paramaunt gora.

February 27Feb 27

Netflix has backed away from its proposal to buy Warner Bros Discovery, clearing the way for Paramount Skydance to win a months-long battle for one of Hollywood's most storied studios in a deal worth around $111bn (£82.2bn). (...)
The announcement came just hours after [Netflix co-chief executive Ted] Sarandos had visited the White House on Thursday.

https://www.bbc.com/news/articles/c5y6p5ypgmzo