Netflix Boss Defends Warner Bros Bid Ahead of Paramount Deadline

Paramount Is Expected to Raise Price of Warner Bros. Discovery Bid. Will Netflix Walk Away?

David Ellison's Paramount Skydance has a Monday deadline to submit its best and final offer for Warner Bros. Discovery -- and Paramount is expected to come back with an offer over its previous $30/share bid for WBD, angling to outflank Netflix to win the deal.

Netflix boss defends Warner Bros bid ahead of Paramount deadline

Ted Sarandos says his company's offer is better for industry growth as it is "buying assets we don't currently have".

Netflix Chief Ted Sarandos’ Message To Paramount On Eve Of Warner Deadline: “Put A Better Deal On The Table”

On the BAFTA red carpet, Netflix chief Ted Sarandos has told Paramount to "put a better deal on the table" for Warner Bros. Discovery.

Source: Paramount is expected to come back with a WBD offer above its previous $30 per share bid, seeking to outflank Netflix; Paramount has a Monday deadline

Variety: Source: Paramount is expected to come back with a WBD offer above its previous $30 per share bid, seeking to outflank Netflix; Paramount has a Monday deadline  —  Monthslong M&A fight set to take another turn as WBD's negotiating window with Paramount Skydance expires later Monday

Netflix boss defends bid for Warner Bros as Paramount deadline looms

Netflix has offered $27.75 a share, or $82.7bn (£61.2bn) in total, for Warner Bros’ studio and streaming networks – including brands such as Warner Bros, New Line Cinema, and HBO Max – leaving the rest of the firm to be spun off as an independent company.

Netflix stock closes higher as Warner bid deadline looms — what to watch Monday

Netflix shares closed up 2.2% at $78.67 Friday, with 32.4 million shares traded. Investors are watching for Paramount Skydance’s “best and final” Warner Bros Discovery offer, due by Feb. 23. Paramount said a key antitrust waiting period expired, but U.S. regulators can still intervene. Warner has given Paramount until Monday to improve its bid. The post Netflix stock closes higher as Warner bid deadline looms — what to watch Monday appeared firs…