Warner Bros. Discovery may upend Netflix deal…
Warner Bros. Discovery said Tuesday that it is going to take into account a revised offer by Paramount Skydance to upend its almost sealed Netflix deal after the hostile bidder upped its $78 billion offer by another $2.6 billion.
The real motive for the company’s softening place to the offer by Paramount Skydance seems to have little to do with money and more with the unsure regulatory atmosphere confronted by Netflix, On The Money has realized.
WBD buyers must in the end approve any transaction and they’re growing more and more apprehensive that the Netflix deal, one that layers its…
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