The whole affair of the Warner Bros. takeover is far from being over yet. While Netflix seemed to have been definitively chosen to take over the company’s assets, Paramount could be back in the running.
According to Bloomberg, Warner Bros Discovery Inc. is considering reopening negotiations with Paramount after receiving a revised offer that addresses shareholder concerns. David Ellison’s firm reportedly intends to cover the $2.8 billion in the event of termination of the agreement with Netflix. In addition, Paramount has stated that it wants to refinance Warner Bros.’ debt and compensate shareholders if the takeover is not completed by December 31, 2026.
While there are some reservations still, Warner Bros. is reportedly open to launching a new phase of negotiations with its counterpart. It should be noted that Paramount wants to acquire the entire group for $108 billion, compared to Netflix’s $82.7 billion offer. The SVOD giant, however, does not wish to acquire the television channels.
