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Netflix isn’t buying Warner Bros, Paramount is

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Emma Roth
Paramount ups its offer for Warner Bros. Discovery, again.

Now, Paramount is offering to cover the $2.8 billion termination fee that Warner Bros. Discovery would owe Netflix for abandoning the $82.7 billion merger agreement. It’s also tossing in a $0.25 per share “ticking fee” that it would pay shareholders for every quarter its deal hasn’t closed beyond December 31st, 2026.

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