Paramount sweetens its offer for Warner Bros. Discovery

[BumRushDaShow]

Source: Los Angles Times

Feb. 10, 2026 Updated 1:11 PM PT


Paramount Skydance has sweetened its bid for Warner Bros. Discovery, adding a $2.8-billion “break fee” for Netflix and a payment to shareholders set to increase for every quarter after Jan. 1, 2027, that the transaction does not close. However, it’s not clear the latest move will do much to sway Warner Bros. Discovery’s board, which has endorsed a rival bid from Netflix.

The David Ellison-led company sent notice Tuesday of its revised offer to the Warner Bros. Discovery board, adding that it was open to further negotiation.

“While we have tried to be as constructive as possible in formulating these solutions, several of these items would benefit from collaborative discussion to finalize,” the letter states. “If granted a short window of engagement, we will work with you to refine these solutions to ensure they address any and all of your concerns.”

Paramount’s all-cash offer still stands at $30 a share. In addition to the termination payment and so-called “ticking fee” for shareholders of 25 cents per share — which the company said would total about $650 million in cash value each quarter — Paramount also said it would “eliminate” Warner’s $1.5-billion financing cost associated with its debt exchange offer. The company also said it would “provide flexibility” for Warner to refinance its existing $15-billion bridge loan.

Read more: https://www.latimes.com/entertainment-arts/business/story/2026-02-10/paramount-sweetens-its-offer-for-warner-bros-discovery

[2naSalit]

1. Some folks don't get...

That NO means NO!

[Polybius]

2. Money talks though

Nearly everything is for sale for the right price.

[mdbl]

3. Unfortunately, this is true

Major shareholders will start looking for legal grounds to hold them accountable if they lose a lot of money. I don't know if a board's judgement for the long term health of their future company takes precedence or not.

[TexasBushwhacker]

8. Let's reword that

Major shareholders still want MORE MONEY because they're greedy MOTHERFUCKERs.

[mdbl]

10. AND,

they don't care about how many workers lose their jobs as a result.

[TexasBushwhacker]

11. Exactamundo

Or how it affects the overall product they deliver. They will use as much AI slop they can get away with.

[mdbl]

4. If we had a good active anti-trust division in the DOJ

They would clearly block this deal on the grounds of creating a larger monopoly in media.

[FakeNoose]

5. Hasn't Netflix already closed the deal on Warner Bros-Discovery?

Since Warner owns HBO-Cinemax, it means that Netflix will get their grubby hands on all the HBO productions from way back, am I right? Pretty soon there will be nothing left but Netflix and Amazon Prime owning all of it.

[BumRushDaShow]

6. Warner wanted to separate out some of the Warner-Discovery services - notably CNN - and have those go it alone

and Netflix was fine with that.

Paramount WANTS CNN as part of the buyout so they can make it into NewsMax2.

[travelingthrulife]

7. Screw these companies. Break up all these rich people monopolies.

[Torchlight]

9. Love of money makes the world go round

and allows us the comfortable and complacent pretense it's the standard.