Paramount

Paramount Skydance wins Warner Bros; Netflix walks away and its shares jump

Still, the bid is likely to face antitrust scrutiny in Washington, foreign countries and US states, including California

Paramount expects revenue between US$7.15 billion and US$7.35 billion in the first three months of 2026, compared with analyst estimates of US$7.36 billion in revenue.

Paramount Skydance forecasts quarterly revenue below estimates as legacy TV Media drags

Legacy media companies face declining ratings and revenue across their cable portfolios

The latest offer is higher than Paramount’s previous bid of US$30 per share in cash, or US$108.4 billion including debt, for the whole of Warner Bros.

Warner Bros weighing revised bid from Paramount as bidding war escalates

Netflix will have a chance to match if Warner Bros deems new Paramount bid superior

Warner Bros has agreed to sell its namesake studio and HBO Max streaming business to Netflix in a US$27.75 a share deal.

Warner Bros weighs reopening sale negotiations with Paramount

Both Paramount and Netflix have indicated they would be willing to raise their bids in order to secure a deal for Warner Bros

Warner Bros has said it plans to hold a shareholder vote by April for the Netflix deal.

Ancora Capital builds stake in Warner Bros, plans to oppose Netflix deal

The activist investor says Warner Bros’ board has not adequately engaged in talks with Paramount

Paramount would fund the US$2.8 billion termination fee that Warner Bros would owe Netflix if their US$82.7 billion deal for its studio and streaming assets falls through.

Paramount sweetens Warner Bros bid with ticking fee, Netflix break-up fee cover

The move signals Paramount’s confidence that the Netflix deal may fail to pass regulatory scrutiny

Warner Bros' board has maintained that the Netflix merger deal is superior to Paramount’s US$30-per-share cash bid.

Netflix will now pay all cash for Warner Bros to keep Paramount at bay

The new all-cash bid – at US$27.75 a share – has unanimous support from the Warner Bros board

Paramount has been pursuing Warner Bros for four months and has submitted multiple offers for the iconic Hollywood studio, all of which have been rebuffed by Warner Bros’ board.

Paramount launches Warner Bros proxy fight, files suit

The battle between Netflix and Paramount stands to reshape the entertainment industry regardless of who wins