The Warner Bros Deal: The $7 Million a Day CLock That Forced a Settlement
The Paramount Warner Bros deal just cleared its biggest obstacle nine days before a $7 million a day ticking fee was set to start. Charles Oglesby and I break down why that timing matters and what it teaches you about buying a business at any size.Paramount beat Netflix for Warner Bros Discovery with $31 a share in cash, a $7 billion regulatory termination fee, and a promise to cover the Netflix breakup fee. Sellers price certainty, not just the headline number. Then 12 state attorneys general sued, and Paramount settled with commitments on film output, worker funds, and a news editorial…
The skinny
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