2026-01-08
23 分钟Bloomberg Audio Studios.
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All right, the media MNA trade that just won't go away.
Warner Brothers Discovery says an amended takeover offer from Paramount Skydance is inferior to its deal with Netflix and urges shareholders not to tender their shares.
I don't know what's going on here, people, but our next guest does, Geetha Ranganathan.
She is the media analyst for Bloomberg Intelligence here.
Actually, Geetha, I thought we'd have something done by now.
I mean, these offers are pretty clear.
The value seemed kind of similar to me.
uh...
what he thinks going on here Yeah,
so this time what Warner Brothers is saying in addition to the fact that the offer is actually inadequate.
This is what they said the very first time when they rejected this $30 bid from Paramount.
They obviously wanted the personal guarantee from Larry Ellison, which they got.
They wanted Paramount to raise its termination fee to $5.8 billion to match Netflix.
That also they got.
But now they're saying that they actually really do need a sweetened bid.
So they cite a number there.