Bloomberg · Feb 17, 2026 · Collected from RSS
Warner Bros. Discovery is talking to Paramount Skydance again after the studio sweetened its offer setting up a showdown with Netflix. Ed Ludlow has more. (Source: Bloomberg)
Paramount Skydance said it has “no statutory impediment” in the US to closing its proposed $77.9 billion acquisition of Warner Bros. Discovery Inc. after clearing a US antitrust hurdle. Paramount said Friday it has complied with the US Justice Department’s second-request review process under the Hart-Scott-Rodino Act and that a 10-day waiting period expired on Thursday. The expiration of a waiting period doesn’t tacitly imply that regulators are on board with a deal. The department in the past has sued to block mergers after the waiting period passed. Bloomberg Intelligence Senior Antitrust Litigation Analyst Jen Rie and Chris Palmeri, Bloomberg News Senior Editor and Entertainment Team Leader, join Bloomberg Businessweek Daily to discuss. They speak with Carol Massar and Emily Graffeo. (Source: Bloomberg)
Support from Trump administration adds new twist in blockbuster battle with Netflix
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Walmart waving a warning flag — the world’s largest retailer citing trade and labor concerns, adding to cautious market moves. At the same time, OpenAI is reportedly finalizing a record deal that could top $100 billion. Booking Holdings beats expectations — we’ll speak exclusively with CEO Glenn Fogel on competing in the age of AI. And gold charging toward $5,000 as traders eye the Fed and rising geopolitical risks. (Source: Bloomberg)
Warners Bros. has given Paramount until Monday at midnight to submit a final offer in the ongoing bidding war, despite previously favoring Netflix’s acquisition proposal. If Paramount’s revised offer is deemed better, Netflix will have four days to match or exceed it, potentially securing the deal. Bloomberg’s Michelle Davis has more on the story. (Source: Bloomberg)
The latest twist in the drama for control over Warner Bros. has traders betting one of the suitors will sweeten its bid.
The Warner Bros Discovery board says it remains committed to the Netflix deal.