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

"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"

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