Back to today’s briefing

Story perspectives

Paramount Boosts WBD Bid with Ticking Fee and Debt Relief

2/10/2026

41 7 Full Breakdown

Summary

Story summary

Paramount Skydance has enhanced its $30-per-share bid for Warner Bros. Discovery (WBD) by adding a $0.25 per share quarterly ticking fee starting January 1, 2027, if the deal is not closed by December 31, 2026.
Paramount will cover the $2.8 billion Netflix termination fee and eliminate a $1.5 billion debt-financing cost.
Paramount says the offer is 12% higher than the Netflix deal WBD has rejected.

1 of 1

Story summary

Paramount Skydance has enhanced its $30-per-share bid for Warner Bros. Discovery (WBD) by adding a $0.25 per share quarterly ticking fee starting January 1, 2027, if the deal is not closed by December 31, 2026.
Paramount will cover the $2.8 billion Netflix termination fee and eliminate a $1.5 billion debt-financing cost.
Paramount says the offer is 12% higher than the Netflix deal WBD has rejected.