VarietyNetflix Says Paramount Has Paid $2.8 Billion Breakup Fee for Warner Bros. Discovery Deal
Ricardo Harvin@variety.com 3D chess if (when?) the Paramount deal is killed by the FTC and/or EU.
The Paramount takeover of Warner Bros. will leave the new company with a debt load of $79,000,000,000, according to Ellison.
Netflix got paid more than 2,000,000,000 for a few months of paperwork and executive bureaucracy.
I'm not claiming Sarandos planned this, but he definitely got the better deal and may be able to scoop up the combined company for much less than the bid for Warner alone in just a few years.