Warner Bros weighing revised bid from Paramount as bidding war escalates

February 24, 2026 6:48 PM

Warner Bros weighing revised bid from Paramount as bidding war escalates

Warner Bros Discovery said on Tuesday it was considering a sweetened bid from Paramount Skydance without disclosing the value of the deal, as the CBS owner races with Netflix in a heated Hollywood takeover battle. The latest offer followed a week of talks between Warner Bros and Paramount to address concerns that prompted the HBO parent to reject previous Paramount bids in favor of Netflix's $27.75 per share, or $82.7 billion, deal for its studio and streaming assets. "The Netflix merger agree...

Paramount extends deadline on hostile Warner Bros bid to February 20

January 23, 2026 9:10 AM

Paramount extends deadline on hostile Warner Bros bid to February 20

Paramount Skydance on Thursday extended the deadline on its hostile tender offer for Warner Bros Discovery by about a month to February 20, buying more time to persuade investors that its bid for the Hollywood studio trumps a rival deal with Netflix. The company did not raise its bid on Thursday. Only about 168.5 million Warner Bros shares, representing 6.8% of the company's outstanding stock, had been tendered by the offer's original January 21 deadline. A successful deal will change the land...