{"id":713835,"date":"2026-02-27T02:00:28","date_gmt":"2026-02-26T23:00:28","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/netflix-backs-out-of-warner-bros-bidding-paramount-set-to-win\/"},"modified":"2026-02-27T02:00:28","modified_gmt":"2026-02-26T23:00:28","slug":"netflix-backs-out-of-warner-bros-bidding-paramount-set-to-win","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/netflix-backs-out-of-warner-bros-bidding-paramount-set-to-win\/","title":{"rendered":"Netflix Backs Out of Warner Bros. Bidding, Paramount Set to Win"},"content":{"rendered":"
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\n\tIn a stunning twist, Netflix is declining to raise its bid for Warner Bros., positioning David Ellison\u2019s Paramount as the winner in the battle for the fabled studio.<\/p>\n

\n\tNetflix co-CEOs Ged Sarandos and Greg Peters released a statement Thursday outlining their decision, namely that the the deal is \u201cno longer financially attractive\u201d and that it \u201cwas always a \u2018nice to have\u2019 at the right price, not a \u2018must have\u2019 at any price.\u201d<\/p>\n

\n\t\u201cThe transaction we negotiated would have created shareholder value with a clear path to regulatory app<\/a>roval. However, we\u2019ve always been disciplined, and at the price required to match Paramount Skydance\u2019s latest offer, the deal is no longer financially attractive, so we are declining to match the Paramount Skydance bid,\u201d the co-CEOs said.<\/p>\n

\n\t\u201cWarner Bros. is a world-class organization, and we want to thank David Zaslav, Gunnar Wiedenfels, Bruce Campbell, Brad Singer and the WBD Board for running a fair and rigorous process,\u201d they added. \u201cWe believe we would have been strong stewards of Warner Bros.\u2019 iconic brands, and that our deal would have strengthened the entertainment industry and preserved and created more production jobs in the U.S.\u00a0 But this transaction was always a \u2018nice to have\u2019 at the right price, not a \u2018must have\u2019 at any price.<\/p>\n

\n\tWith Netflix out, Paramount\u2019s latest bid is almost a sure thing to be accepted by the Warners board, which determined earlier Thursday that it was a \u201csuperior proposal\u201d to Netflix\u2019s deal.<\/p>\n

\n\tPSKY\u2019s latest proposal was for $31 per share, but\u00a0had a number of other sweeteners, including a ticking fee payable to shareholders equal to $0.25 per quarter beginning after Sept. 30, 2026, as well as a $7 billion regulatory termination in the event the transaction does not close due to regulatory matters. <\/p>\n

\n\tParamount has also agreed to pay the $2.8 billion termination fee that Warner Bros. would be required to pay to Netflix to terminate the existing merger agreement. <\/p>\n

\n\tIf all goes as expected, Netflix will be on the receiving end of that $2.8 billion sooner rather than later. Netflix shares soared by more than 10% in after-hours trading after the decision was announced.<\/p>\n

\n\tSarandos and Peters say they will continue to pour cash into content:<\/p>\n

\n\t\u201cNetflix\u2019s business is healthy, strong and growing organically, powered by our slate and best-in-class streaming service. This year, we\u2019ll invest approximately $20 billion in quality films and series<\/a> and will expand our entertaining offering. Consistent with our capital allocation policy, we\u2019ll also resume our share repurchase program,\u201d they said. \u201cWe will continue to do what we\u2019ve done for more than 20 years as a public company: delight our members, profitably grow our business, and drive long-term shareholder value.\u201d<\/p>\n<\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

In a stunning twist, Netflix is declining to raise its bid for Warner Bros., positioning David Ellison\u2019s Paramount as the winner in the battle for the fabled studio. Netflix co-CEOs Ged Sarandos and Greg Peters released a statement Thursday outlining their decision, namely that the the deal is \u201cno longer financially attractive\u201d and that it…<\/p>\n","protected":false},"author":1,"featured_media":713836,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.hollywoodreporter.com\/wp-content\/uploads\/2026\/02\/GettyImages-2259275969.jpg?w=1440&h=810&crop=1","fifu_image_alt":"","footnotes":""},"categories":[17],"tags":[1377,26257,108028],"class_list":["post-713835","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-mediaa","tag-netflix","tag-paramount","tag-warner-bros-discovery"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/713835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=713835"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/713835\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/713836"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=713835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=713835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=713835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}