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Warner Bros. Discovery Eyes Renewed Discussions With Paramount Skydance After Latest Bid

February 15, 2026 at 11:37 PM
By Cynthia Littleton
Warner Bros. Discovery Eyes Renewed Discussions With Paramount Skydance After Latest Bid
The Warner Bros. Discovery board is leaning toward re-engaging with Paramount Skydance on the revised terms of Paramount’s offer to acquire the entire company, which inked an $83 billion sale agreement with Netflix in December. But Paramount Skydance’s latest offer — No. 9 since last year — offers a premium to WBD shareholders of about […]

Analysis & Context

The Warner Bros. Discovery board is leaning toward re-engaging with Paramount Skydance on the revised terms of Paramount’s offer to acquire the entire company, which inked an $83 billion sale agreement with Netflix in December. But Paramount Skydance’s latest offer — No. 9 since last year — offers a premium to WBD shareholders of about […] This article provides comprehensive coverage and analysis of current events.
The Warner Bros. Discovery board is leaning toward re-engaging with Paramount Skydance on the revised terms of Paramount’s offer to acquire the entire company, which inked an $83 billion sale agreement with Netflix in December. But Paramount Skydance’s latest offer — No. 9 since last year — offers a premium to WBD shareholders of about […] Home Biz News Feb 15, 2026 3:37pm PT Warner Bros. Discovery Eyes Renewed Discussions With Paramount Skydance After Latest Bid Studio has signed sale agreement with Netflix but WBD board feels the urgency from shareholders to engage after a significant change in Paramount's latest offer By Cynthia Littleton Plus Icon Cynthia Littleton Business Editor @Variety_Cynthia Latest Providence Equity ‘Fully Committed’ to Supporting Wasserman Agency Amid Sale Transition 22 hours ago LISTEN: What’s Happening in Hollywood’s Contract Talks; Remembering James Van Der Beek 3 days ago LISTEN: ‘The Simpsons’ Celebrates Episode 800 and Takes Aim at 1,000: ‘It’s a Gift’ 4 days ago See All AaronP/Bauer-Griffin/GC Images The Warner Bros. Discovery board is leaning toward re-engaging with Paramount Skydance on the revised terms of Paramount’s offer to acquire the entire company, which inked an $83 billion sale agreement with Netflix in December. But Paramount Skydance’s latest offer — No. 9 since last year — offers a premium to WBD shareholders of about $650 million per quarter for every quarter that the Netflix-WBD nuptials are not completed by Dec. 31, 2026. Paramount Skydance released its latest pitch to WBD and to investors on Feb. 10. Word of the WBD’s board’s inclinations were first reported Sunday by Bloomberg News. Related Stories ‘Send Help’ Launches Atop U.K. and Ireland Box Office

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