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Paramount Outbids Netflix for WBD & Middle East Military Action Fallout | Emergency Episode
Send us Fan Mail Kristen and Jen tackle two major stories in this double emergency episode. First, Kristen breaks down latest update in the Warner Bros saga — how Paramount outbid Netflix with a $31/share offer, why Netflix walked away, and what the deal means financially. They cover the cursed history of Warner Bros. M&A deals, the staggering leverage Paramount is taking on (potentially the largest LBO ever), the accretion/dilution math that made this a non-starter for Netflix, and why it's an existential move for Paramount. They also get into the ticking fee structure, the $7 billion…
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