Netflix Walks With A Cool $2.8 Billion Breakup Fee: Who Gets What In New Paramount-WBD Merger Proposal

Warner Bros. Discovery has just jilted Netflix after receiving what it calls a Superior Offer from Paramount. WBD and Netflix announced their deal Dec. 5. Paramount, which had been pursing Warner for months, quickly launched a public tender offer, which it continued to revise amid a stream of rejections from the David Zaslav company. With […]

By jillg366