Deal team inside Paramount Skydance (PSKY) are meeting now on how to respond to Netflix's (NFLX) latest move to go all-cash in its offer for Warner Bros Discovery (WBD), discussing possibility of upping the bid, according to FBN's Gasparino

This headline highlights Paramount Skydance's internal discussions regarding a competitive response to Netflix's cash offer for Warner Bros Discovery.

Newsquawk StaffPublished On the live feed at 4 more headlines followed before this page went public
Newsquawk headlinesUTC

UK withdraws personnel from military bases in Qatar, according to iNewspaper

Oxford BioMedica (OXB LN) received an approach from EQT and deadline for the offer is 11th February

Deal team inside Paramount Skydance (PSKY) are meeting now on how to respond to Netflix's (NFLX) latest move to go all-cash in its offer for Warner Bros Discovery (WBD), discussing possibility of upping the bid, according to FBN's Gasparino

Russian official says US attack on Iran would be "gravest mistake"

US Special Envoy Witkoff is announcing the launch of Phase 2 of Trump's 20 point plan to end the Gaza conflict

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.

"One factor weighing against increasing their $30 all cash offer is the feeling inside $PSKY that $NTFLX's deal that combines two of the largest streaming services won't get through the US or EU antitrust regulators. "Why increase when this thing can be picked later for a lot cheaper," said one person close to the $PSKY deal team"

Context

The sentiment suggests a cautious approach; while they consider raising their bid, concerns over regulatory hurdles may lead them to hold off, potentially indicating a strategic opportunity for both firms depending on how the antitrust landscape evolves. Market participants should watch for further developments, as these negotiations could signal changes in valuations and competitive dynamics in the media space.

Related headlines

The whole workspace, free to try.

Try it free