NETFLIX DECLINES TO BID ON WARNER BROS-DISCOVER, WHICH MEANS PARAMOUNT GETS THEM!!!AEW IS FUCKING SAVED!!!https://variety.com/2026/tv/news/netflix-declines-raise-bid-warner-bros-discovery-1236674149/>Paramount Skydance Poised to Acquire Warner Bros. Discovery After Netflix Bows Out of Bidding War>Netflix says WBD deal was no longer financially attractive; Warner Bros. now says sale to Paramount will create tremendous value for shareholders
>>19965631>Paramount Skydance is poised to acquire Warner Bros. Discovery in its entirety after a whirlwind afternoon in which Netflix dropped out of the hunt despite having reached an agreement in December to acquire most of WBD.>Netflix on Thursday afternoon formally declined to increase its offer for Warner Bros. Discovery after the WBD’s declared Paramount Skydance’s latest bid a “superior proposal” to the agreement it already had in hand with Netflix.
>>19965631This is even worse news for AEW
>>19965636>The swift decision by Netflix to walk away will certainly come as a shock to the industry because the streamer had four business days, or until Wednesday, March 4 at 11:59 p.m. ET, to come up with a new proposal to salvage its WBD deal. Adding to this surprise is the fact Netflix co-CEO Ted Sarandos was in Washington, D.C. earlier Thursday in an effort to lobby Trump administration officials on the deal, which Netflix had a merger agreement in place for, amid Paramount’s new $31 per share offer.>“The transaction we negotiated would have created shareholder value with a clear path to regulatory approval,” Netflix co-CEOs Ted Sarandos and Greg Peters said in a joint statement issued Thursday, less than two hours after Warner Bros. Discovery revealed its board’s new decision. “However, we’ve always been disciplined, and at the price required to match Paramount Skydance’s latest offer, the deal is no longer financially attractive, so we are declining to match the Paramount Skydance bid. Warner Bros. is a world-class organization, and we want to thank David Zaslav, Gunnar Wiedenfels, Bruce Campbell, Brad Singer and the WBD Board for running a fair and rigorous process. We believe we would have been strong stewards of Warner Bros.’ iconic brands, and that our deal would have strengthened the entertainment industry and preserved and created more production jobs in the U.S. But this transaction was always a ‘nice to have’ at the right price, not a ‘must have’ at any price.”
TKO has a deal with paramount and is many multiples of times more valuable a company than paramount is this is the worst possible outcome for tinys toybox
>>19965643>The statement continued: “Netflix’s business is healthy, strong and growing organically, powered by our slate and best-in-class streaming service. This year, we’ll invest approximately $20 billion in quality films and series and will expand our entertaining offering. Consistent with our capital allocation policy, we’ll also resume our share repurchase program. We will continue to do what we’ve done for more than 20 years as a public company: delight our members, profitably grow our business, and drive long-term shareholder value.”>The now-dead Netflix deal, which included buying Warner Bros. and HBO Max, was valued at nearly $83 billion. Paramount’s latest bid, submitted Feb. 24, was an approximately $111 billion bid for the entirety of WBD, including its linear cable channels.>In a statement, WBD CEO David Zaslav tried to put a positive spin on the extraordinary turn of events, citing Netflix co-CEOs Sarandos and Greg Peters and chief financial officer Spencer Neumann.
>>19965652>“Netflix is a great company and throughout this process Ted, Greg, Spence and everyone there have been extraordinary partners to us. We wish them well in the future,” Zaslav said. “Once our Board votes to adopt the Paramount merger agreement, it will create tremendous value for our shareholders. We are excited about the potential of a combined Paramount Skydance and Warner Bros. Discovery and can’t wait to get started working together telling the stories that move the world.”>Samuel A. Di Piazza, Jr., Chair of the Warner Bros. Discovery Board of Directors added, “I am extremely proud of the rigorous process this Board has run over the past five and a half months that has led us to the cusp of combining these two storied companies and the excitement it will bring to audiences for many years to come.”>Among the parts of Paramount’s new bid that the Warner Bros. Discovery board says it found more favorable to Netflix’s offer were the increased purchase price to $31 a share in cash; increasing the regulatory breakup fee to $7 billion in the event the transaction does not close due to regulatory matters; Paramount reaffirming it will pay the $2.8 billion termination fee which WBD would be required to pay to Netflix to terminate the existing Netflix merger agreement.>Hollywood insiders were left reeling by the swift about-face in Netflix’s plan to become even more deeply ingrained in the traditional film and TV business. Now, the reality that one of Hollywood’s foundational studios, the mighty Warner Bros., and the pioneering brand of pay-TV, HBO, are about to be absorbed by another legacy studio is sinking in. Given the significant overlap of operations in film and TV production and programming, the industry is bracing for another big round of job losses.
>>19965651>suitors walking away from the negations table >hogcrip trying to spin this as a positive>TKO market cap - 44b>paramount market cap - 11 b TKO finna bury these shitters, TKO has infinitely more bargaining power against paramount than Netflix
>>19965631>Netflix has a $5 billion deal with TKO>Paramount has a $7.7 billion deal with TKOAnon, I don't know how to tell you this, but...
>>19965663>There are many unknowns about how Warner Bros. Discovery will operate under Paramount’s ownership. Paramount’s triumph in the bidding process almost means that WBD will no longer spinoff its linear cable channels into a separate company that would have been called Discovery Global. It was WBD’s plan to spinoff the cable channels that ignited the auction process around the studio last fall. WBD’s intention to shed its linear channels was the factor that spurred Netflix to get serious about buying Warner Bros. and HBO.>Now, WBD’s significant collection of cablers — including CNN, TNT, TBS, Cartoon Network, Discovery Channel, Animal Planet, Food Network and HGTV — will presumably be folded into the existing Paramount linear channels group headed by George Cheeks, who also oversees CBS.>More to come
>>19965638>>19965651>>19965667>>19965671The deal is just for the UFC, not WWE.MMA and pro wrestling can co-exist on the same platform. >But what if TKO tries to pull UFC programmingThey can’t, they’re under contract for a certain amount of time.
>>19965671>>19965667>>19965651>pic rel, David zazlav personally hauling hoggers crippled ass to HHHs desk
>>19965686Paramount is going to do a lot of cuts. As far as cable goes they only want CNN. AEW is fucked.
>>19965695Not really. Tony can spend the rest of his inheritance on AEW and it will outlive all of us unless his dad decides to pull the plug, which is unlikely cause AEW keeps the the little retard away from his other endeavors.
NO DADDY TRUMP YOURE A WWE HALL OF FAMER DO SOMETHINGTELL PARAMOUNT TO STOP AIRING AEW PLS PLS PLS
>>19965631Hey Trev, why don't you go bump that Trick thread you posted earlier. You know which one
>>19965712Shad not liking Tony is a collective edrone mass delusion with no evidence of it being real.
>>19965631KEK, paramount is killing AEWIt is WCW 2001 all over againAND CURIOUSLY THIS IS THE SAME YEAR THE MONDAY NIGHT WAR ENDED 25 YEARS AGO
>>19965712AEW won't even outlive JCW.
>>19965741two more weeks this time surely
>>19965638>>19965651>>19965667>>19965671Explain how Paramount buying Warner Bros is bad for AEW. Using evidence.>But, muh UFCThey already signed a contract. TKO can’t threaten to renege on it until it’s close to being up. Trying to threaten to take away the UFC to get AEW off the air would breach the contact.
>>19965776TKO is 5 times the size of paramount, pushing AEW to drop tinys toybox would amount to a rounding error on zazlavs books
>>19965790this little piggy went to marketthis little piggy stayed homethis little piggy had roast beefthis little piggy had none kek
>>19965790pushing paramount*
>>19965776Because Paramount is going to cut costs and even though AEW is being paid peanuts it's still a cost that can be trimmed. AEW is underperforming. WBD would have cancelled them regardless.
>>19965790This picture is fucking hilarious.
Would "Fuck ICE" chant unironically kills AEW under Paramount?
>>19965797>WBD would have cancelled them regardless.No they wouldn’t.
>>19965631Don't think we forgot about all the threads you made saying Netflix was going to buy WBD and cancel Raw.
>>19965790Soon
>>19965631Why would a wwe fan care what happens to AEW?
>>19965631E-drones are prediction platers. Nothing they’ve ever said about AEW closing down or being kicked off tv has come true. This unsavory fact embarrasses them on a very fundamental level which is why all they do is ignore it & move onto the next fantasy of AEW’s death.
>>19965864Where can we watch Shockwave?
Netflix will get a several billion dollar cancellation fee because of this, and will be allowed to bid for Paramount at a reduced price if they ever decide to sell themselves. Paramount is in a ton of debt…They’ll all merge soon.
>>19965876>>19965864Can I get a status check on rampage plz
>>19965864AEW Dynamite got kicked off TNT
>>19965897While you're at it check on Battle of the Belts as well please.
>>19965876>>19965897>>19965906Nerves? Struck.
>>19965907>>19965897ouch
>>19965811No
>>19965864I remember them saying they'd never get a TV deal
Bad news for AEW. And another Nick LoPiccolo win
>>19965864Well nothing you said about AEW surpassing WWE or being the #1 wrestling company in the world happened so why should we give a fuck what you think?
>>19965994I've never seen anyone say this. AEW is for smarks.
>>19965994You have quite an imagination
>>19965994that never happened
