Paramount launches hostile bid for Warner Bros

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

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)

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.

It's not like we aren't drowning in entertainment options.

Food on the other hand, that's a real problem.

12 Fast and the Furious, 42 X-Men movies… yeah - drowning

Not to mention franchises like Star Wars, Marvel, Alien, Predator, Jurassic Park etc.

I'm still waiting for the "Alien vs Jurasic park". It must be a very entertaining movie. /s