Warner Bros Discovery considers Paramount bid after Skydance raises offer to $31 per share
Warner Bros Discovery has opened talks with Paramount after its bid was raised to $31 per share. Netflix now has four days to match the new terms of the deal.
Insights:
Paramount Skydance Corporation Class B Common Stock has increased its offer to $31 per share for the studio and streaming assets of Warner Bros. Discovery, Inc. , a move that has prompted the Warner Bros Discovery board to re-engage with the firm. This development, occurring on February 24, 2026, provides Netflix, Inc. with a four-day window to decide whether it will match the revised terms for the assets, which include HBO and other major media properties.
