Today's Video Headlines: 02/16/26
with an agreement to pay the $2.8 billion termination fee to Netflix , as well as a “ticking fee” for WBD shareholders worth $650 million.WBD said Tuesday that a Paramount representative implied the company was also willing to up its offer to $31 a share if Warner engaged in meaningful deal talks – after previously accusing the company of not giving PSKY a fair chance against Netflix .
In December, Netflix agreed to pay $27.75 a share in cash in a deal worth $72 billion to acquire WBD’s studio and streaming business – potentially creating a Hollywood mammoth that owns everything from “Stranger Things” to the “Harry Potter” franchise.Costco finally retires decades-old system following years of complaints Warner Bros. said Tuesday it will hold a shareholder vote on this deal on March 20. In the meantime, Netflix has the right to match any offer from competing bidders. But confidence is growing inside Paramount that WBD will ultimately jettison the Netflix deal over concerns it will face insurmountable regulatory scrutiny, while also questioning the valuation of the offer,in Warner Bros. – plans to oppose the Netflix deal, arguing the board did not sufficiently engage with Paramount, according to a Wall Street Journal report.While Paramount is seeking to acquire the entirety of Warner Bros. Discovery, Netflix’s deal hinges on the successful spin-off of Discovery Global, which includes cable assets like CNN, Discovery, TNT, TLC and Cartoon Network. Paramount has argued that Versant, a flopped spin-off of NBCUniversal cable assets including CNBC and MS NOW, should act as a cautionary tale for WBD investors – claimingParamount grows more confident Warner Bros. Discovery will drop Netflix bidTaylor Swift’s special role at the 2026 Winter Olympics revealedDNA Found on Glove’s Near Guthrie’s Home, Bondi Tells Congress Epstein File Release is Complete
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Warner Bros. Discovery reopens talks with ParamountPatrick Smith is a London-based editor and reporter for NBC News Digital.
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