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366 points gniting | 1 comments | 08 Dec 25 14:16 UTC | HN request time: 0.216s | source

Previously: Netflix to Acquire Warner Bros - https://news.ycombinator.com/item?id=46160315 (1333 comments)

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indigodaddy ◴[08 Dec 25 15:17 UTC] No.46193176[source]▶

>>46192459 (OP) #

Does WB have to pay the breakup fee to Netflix if a Paramount hostile takeover succeeds?

replies(6): >>46193410 #>>46193460 #>>46193494 #>>46193833 #>>46194214 #>>46194238 #

JumpCrisscross ◴[08 Dec 25 15:38 UTC] No.46193494[source]▶

>>46193176 #

It looks like it. $2.8bn by Warner Brothers to Netflix [1].

If the vote looks close, Paramount would be expected to raise their bid to cover that cost.

[1] https://www.sec.gov/Archives/edgar/data/1065280/000119312525... 8.3(a)

replies(1): >>46198659 #

dabockster ◴[08 Dec 25 22:42 UTC] No.46198659[source]▶

>>46193494 #

The failed merger and similar clawback clause between Kroger and Albertsons is currently destroying a significant part of the supply chain for food in the Pacific Northwest. Grocery stores that have been open for 50-75 years - stores where whole neighborhoods and towns were built around - are closing forever, leaving those areas as food deserts.

Either way, this entertainment merger is going to get ugly. Consumers are absolutely going to get harmed either way with that clawback clause.