{"id":680210,"date":"2026-01-07T15:47:11","date_gmt":"2026-01-07T15:47:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/680210\/"},"modified":"2026-01-07T15:47:11","modified_gmt":"2026-01-07T15:47:11","slug":"warner-bros-urges-shareholders-to-reject-inferior-paramount-offer","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/680210\/","title":{"rendered":"Warner Bros urges shareholders to reject &#8216;inferior&#8217; Paramount offer"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Warner Bros said Paramount amended its offer shortly after, but in <a href=\"https:\/\/www.wbd.com\/news\/warner-bros-discovery-board-directors-unanimously-recommends-shareholders-reject-amended\" class=\"ssrcss-f6h2dj-InlineLink e1kn3p7n0\" target=\"_blank\" rel=\"noopener\">a letter to shareholders, external<\/a> on Wednesday the Warner Bros board said the offer was &#8220;not superior, or even comparable, to the Netflix merger&#8221;.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">It said Paramount had &#8220;repeatedly failed to submit the best proposal&#8221; for shareholders, despite being given clear directions for potential solutions to deficiencies in the offer.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Among the issues with accepting the Paramount deal, highlighted in the letter, was the fact Warner Bros would have to pay Netflix $2.8bn for abandoning their merger agreement.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The board also pointed out that Paramount had a market value of $14bn, but was attempting an acquisition that required more than $94bn in debt and equity financing. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;The extraordinary amount of debt financing, as well as other terms of the [Paramount] offer, heighten the risk of failure to close, particularly when compared to the certainty of the Netflix merger,&#8221; the letter said.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Paramount has been contacted for comment.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">In mid-December, Netflix co-chief executive Ted Sarandos said the deal between the streaming giant and Warner Bros was &#8220;in the best interest of stockholders&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"Warner Bros said Paramount amended its offer shortly after, but in a letter to shareholders, external on Wednesday&hellip;\n","protected":false},"author":2,"featured_media":680211,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[748,393,4884,12,1144,712,16,15,1764],"class_list":{"0":"post-680210","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-britain","9":"tag-england","10":"tag-great-britain","11":"tag-news","12":"tag-northern-ireland","13":"tag-scotland","14":"tag-uk","15":"tag-united-kingdom","16":"tag-wales"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115854602757120226","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/680210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=680210"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/680210\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/680211"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=680210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=680210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=680210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}