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Paramount Sweetens Warner Offer – WSJ

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Paramount has enhanced its

hostile offer to acquire all of Warner Bros. Discovery

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0.68%

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increase; green up pointing triangle

, including agreeing to pay the $2.8 billion termination fee Warner would owe its chosen suitor, Netflix

NFLX -3.15%

decrease; red down pointing triangle

, should that deal collapse.

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In a regulatory filing, Paramount also said it was adding a “ticking fee” of 25 cents per share, which it would pay to Warner shareholders for each quarter its deal hasn’t closed, starting in January 2027.

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