Good morning. Things are getting interesting in the love triangle between Warner Bros, Netflix, and Paramount.
The latest? Some of WBD’s biggest investors are reportedly hesitating about accepting Netflix’s $82.7 billion binding offer when Paramount is more than happy to give them an extra $25.7 billion, breakup fees notwithstanding. (That sound you hear is David Ellison’s hands rubbing together.)
Investors have two weeks to decide which firm gets HBO Max, Harry Potter, and Batman. As one DC Comics supervillain once said, the night is darkest just before the dawn.
Today’s tech news below. —Andrew Nusca
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