Warner Bros. Discovery may upend Netflix deal after getting revised bid from David Ellison’s Paramount

The real reason for the company’s softening position to the offer by Paramount Skydance appears to have little to do with money and more with the uncertain regulatory environment faced by Netflix, On The Money has learned. 3 The real reason for the company’s softening position to the offer by David Ellisons’s Paramount Skydance appears to have little to do with money and more with the uncertain regulatory environment faced by Netflix, The Post has learned. After rebuilding WBD’s studio and streaming service and slashing debt, Zas created a bidding war for the company and his stock soared from $12 a share to now on the precipice of $30 as investors bet on the final deal price.

Author: Charles Gasparino

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