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Warner Board Says Paramount Agreed To Raise Offer To $31 A Share Or More If Two Sides Engaged

February 17, 2026 at 12:06 PM
By jillg366
Warner Board Says Paramount Agreed To Raise Offer To $31 A Share Or More If Two Sides Engaged
As Paramount continued to lob offers for Warner Bros. Discovery, that continued to be rejected, all at $30 a share in cash, the big question from Wall Street to Hollywood has been why not raise the bid. It seems that may happen as WBD announced that is entering seven days of deal talks with the […]

Analysis & Context

As Paramount continued to lob offers for Warner Bros. Discovery, that continued to be rejected, all at $30 a share in cash, the big question from Wall Street to Hollywood has been why not raise the bid. It seems that may happen as WBD announced that is entering seven days of deal talks with the […] This article provides comprehensive coverage and analysis of current events.
As Paramount continued to lob offers for Warner Bros. Discovery, that continued to be rejected, all at $30 a share in cash, the big question from Wall Street to Hollywood has been why not raise the bid. It seems that may happen as WBD announced that is entering seven days of deal talks with the […] Paramount CEO David Ellison Getty Images As Paramount continued to lob offers for Warner Bros. Discovery, that continued to be rejected, all at $30 a share in cash, the big question from Wall Street to Hollywood has been why not raise the bid. It seems that may happen as WBD announced that is entering seven days of deal talks with the David Ellison company even as it continues to stand by its agreement with Netflix. Warner says that the Ellison camp had verbally agreed to boost its bid to $31 or higher if two the sides engaged, which WBD today has agreed to do. “On February 11th, a senior representative of your financial advisor communicated orally to a member of our Board that PSKY would agree to pay $31 per WBD share if we engage with you, and that $31 is not PSKY’s best and final proposal,” WBD’s board said in a letter to Paramount it released today. Related Stories News Netflix Finally Sets Release Date For 'Heartbreak High' Season 3

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