As Warner-Netflix Deal Races Ahead, Paramount Weighs Its Next Move | Analysis

The clock is ticking. Paramount CEO David Ellison’s quest to thwart Netflix’s $83 billion Warner Bros. deal faces a new hurdle and pressure to raise his bid after the streamer revised its deal to an all-cash offer and an accelerated shareholder vote on the deal. 

In addition to the all-cash gambit, Netflix and Warner Bros. Discovery on Tuesday chipped away at Paramount’s argument that its $30-a-share all-cash offer is superior. Warner Bros. Discovery shared more financial information about Discovery Global...