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New York, NY, USATuesday, February 24, 2026
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Paramount’s latest move

  • Paramount launched a $30 per share cash offer to block Warner from accepting Netflix’s $27.75 bid for its studios and streaming services.
  • The company also seeks a stake in Discovery Global, Warner’s new cable spin‑off.

New bidding window

  • A seven‑day period opened for Paramount to raise its offer.
  • Analysts predict a lift to $32–$34 per share to pressure Netflix into matching.
  • Paramount’s CEO insists the company will not overpay, while Netflix’s co‑CEO Ted Sarandos stresses discipline.

Regulatory and shareholder hurdles

  • The deal requires approval from U.S. and international regulators.
  • Warner will hold a special meeting on March 20 for shareholders to vote on the Netflix proposal.

Public stances

  • Netflix accuses Paramount of spreading false information.
  • Paramount claims the process is biased.

Upcoming developments

  • Industry insiders expect more chatter on earnings calls this week.
  • Paramount will report its latest quarter Wednesday.
  • Warner will report Thursday.
  • Both companies have declined to comment further.

Investors are closely watching this battle, which could reshape the streaming and cable landscape.

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