Game Theory in Shareholder Decision
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Why Warner Bros. Discovery shareholders might opt for Paramount's offer — and why they might not
CNBC· 2025-12-23 01:16
In this articlePSKYNFLXWBDTed Sarandos, CEO of Netflix and David Zaslav, CEO of Warner Bros. Discovery.Mario Anzuoni | Mike Blake | ReutersHours before Warner Bros. Discovery agreed to sell its studio and streaming assets to Netflix, Ted Sarandos, the co-CEO of Netflix, called WBD CEO David Zaslav to inform him Netflix wouldn't be bidding any higher. WBD shareholders now have a chance to call Sarandos' bluff.WBD shareholders have until Jan. 8 to tender their shares to Paramount for $30 in cash, though that ...