[{"data":1,"prerenderedAt":250},["ShallowReactive",2],{"story-102111-tw":3},{"id":4,"slug":5,"slugs":5,"currentSlug":5,"title":6,"subtitle":7,"coverImagesSmall":8,"coverImages":9,"content":46,"questions":47,"relatedArticles":72,"body_color":248,"card_color":249},"102111",null,"Streaming Consolidation Battle Reshapes Content Licensing & Merchandise Opportunities for E-Commerce Sellers","- $27.75B Netflix deal vs $30/share Paramount bid creates IP licensing uncertainty affecting entertainment merchandise sellers; regulatory scrutiny may delay content availability timelines by 6-12 months",[],[10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43,44,45],"https://cdn.open-pr.com/2/1/211392799_g.jpg","https://deadline.com/wp-content/uploads/2025/12/David-Ellison.-David-Zaslav-and-Ted-Sarandos-and-Greg-Peters-.jpg?w=681&h=383&crop=1","https://pagesix.com/wp-content/uploads/sites/3/2026/01/ceo-paramount-skydance-david-ellison-116972710.jpg?quality=75&strip=all&w=744","https://variety.com/wp-content/uploads/2025/12/netflix-warner-split.jpg?w=1000&h=666&crop=1","https://www.aljazeera.com/wp-content/uploads/2026/02/2026-01-22T131001Z_264531435_RC2I0JAF57S4_RTRMADP_3_WARNER-BROS-DISCOVERY-M-A-PARAMOUNT-SKYDAN-1770741666.jpg?resize=1920%2C1440","https://images.ft.com/v3/image/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F6f9157a2-2a49-40d6-87bf-6954bc82de72.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1","https://static.gurufocus.com/logos/0C0000077M.png?20","https://images.ft.com/v3/image/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F3855017a-6395-43b1-94c4-fc688a901108.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1","https://www.cynopsis.com/wp-content/uploads/2026/02/chart-1.jpg","https://www.reuters.com/resizer/v2/5TOARAR4MNKAVFR6XUAQHIXS3Q.jpg?auth=c3bb30a25cf77689818dfbccb41f436865055b4be9b50dda7ab233c08221c96d&width=1920&quality=80","https://i0.wp.com/www.thewrap.com/wp-content/uploads/2025/12/121025-David-Ellison-Paramount-v5.jpg?fit=1200%2C675&quality=89&ssl=1","https://m.media-amazon.com/images/M/MV5BNDNhOGU2YmItOWFjMy00YTA1LTk0MGMtOWM2MGM0MzZiYzRmXkEyXkFqcGc@._V1_QL75_UX500_CR0,0,500,281_.jpg","https://awfulannouncing.com/wp-content/uploads/sites/94/2025/09/EB-P.jpg","https://financialregnews.com/wp-content/uploads/2026/02/shutterstock_2650957423.jpg","https://images.axios.com/waaqkjIMR_WeN1nrRx3jS3L8rbc=/0x0:1920x1080/1920x1080/2025/12/08/1765208083992.jpeg","https://d2qu5xmcgmzxnb.cloudfront.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","https://dims.apnews.com/dims4/default/9a833ae/2147483647/strip/true/crop/2027x1349+0+1/resize/320x213!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2Fe0%2Fe0%2Ff58441399717ba8b6453ee10e89d%2F90e0209b9a1c431eadc3a609c8a479cf","https://ca-times.brightspotcdn.com/dims4/default/a4b82b3/2147483647/strip/true/crop/5624x3749+0+0/resize/1200x800!/quality/75/?url=https%3A%2F%2Fcalifornia-times-brightspot.s3.amazonaws.com%2F37%2F91%2F83ccaf3441ff824761f3a224ca4f%2F304eee3ff4a243a5b2006e46905183d6.jpg","https://images.wsj.net/im-95722346?width=700&height=466","https://thehill.com/wp-content/uploads/sites/2/2024/07/Larry-Ellison-Paramount-07.09.png?strip=1","https://s.yimg.com/ny/api/res/1.2/ai9nUVvaBU14fphlmkwhgA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTQyNg--/https://media.zenfs.com/en/reuters.com/b1af1988edbe254e57afbf358ff08473","https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2249570000/image_2249570000.jpg?io=getty-c-w1280","https://images.barrons.com/im-50918534?width=700&height=466","https://www.gamespot.com/a/uploads/original/1179/11799911/4649747-screenshot2026-02-10at2.35.20%E2%80%AFpm.png","https://www.reuters.com/resizer/v2/724SUW6PKRMXPA7YRYLXQ62T5I.jpg?auth=3c2d2ca0485b91c5d6c551705e3d9fb21fd82f5a711df5fc16962ef07f188cf3&height=1200&width=1200&quality=80&smart=true","https://s.yimg.com/uu/api/res/1.2/7BcHXELwWQrSfMjfIDZtOA--~B/aD0zMTU5O3c9NTYxMjthcHBpZD15dGFjaHlvbg--/https://s.yimg.com/os/creatr-uploaded-images/2026-02/54b6b270-0755-11f1-be66-f8eafc790f96","https://i0.wp.com/etownian.com/wp-content/uploads/2026/02/Boylan.jpg?fit=1024%2C1024&ssl=1","https://images.wsj.net/im-49774847?width=700&height=466","https://www.hollywoodreporter.com/wp-content/uploads/2025/12/Photo-Credit-Warner-Bros-Discovery-5-e1766029318864.jpg?w=2000&h=1126&crop=1","https://techcrunch.com/wp-content/uploads/2025/09/warner-bros.jpg?w=1024","https://cdn.mediaplaynews.com/wp-content/uploads/2025/08/Warner-Bros.-Discovery-Logo.jpg","https://images.wsj.net/im-33799041?width=700&height=466","https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iZusS5zlPjlM/v3/620x-1.jpg","https://bloximages.newyork1.vip.townnews.com/indianagazette.com/content/tncms/assets/v3/editorial/1/99/199ba2e1-5e0e-5e10-9df6-480270f43feb/696fe41dc7f90.image.jpg?resize=750%2C500","https://variety.com/wp-content/uploads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escalating acquisition battle for **Warner Bros. Discovery (WBD)** between **Netflix** and **Paramount Skydance** represents a critical inflection point for e-commerce sellers operating in entertainment merchandise, licensed products, and streaming-adjacent categories. Announced February 11, 2026, activist investor **Ancora Holdings** ($200M stake, $11B AUM) publicly opposed Netflix's $27.75B acquisition proposal, instead advocating for Paramount's competing $30-per-share all-cash bid. This corporate conflict directly impacts e-commerce sellers through three mechanisms: (1) **IP licensing uncertainty** affecting merchandise rights for Batman, Harry Potter, and The White Lotus franchises; (2) **regulatory delays** as the Department of Justice investigates Netflix's anticompetitive practices, potentially extending approval timelines 6-12 months; (3) **content distribution shifts** that will reshape which streaming platform controls premium content, affecting seller partnerships and advertising opportunities.\n\n**For merchandise sellers specifically**, the outcome determines licensing availability and pricing. WBD controls approximately $8-12B in annual licensing revenue across apparel, collectibles, home goods, and toys. Netflix's acquisition would consolidate licensing under a single streaming entity, potentially streamlining approval processes but reducing competitive bidding among platforms. Paramount's acquisition maintains WBD as a separate content studio, preserving traditional licensing structures that have historically favored independent sellers and smaller merchandise brands. The regulatory scrutiny Netflix faces—with DOJ investigating market concentration (combined entity would control ~20% of U.S. streaming market)—creates approval uncertainty that could delay licensing decisions 6-12 months, directly impacting sellers' product launch timelines.\n\n**Advertising and promotional dynamics** shift significantly based on deal outcome. Netflix projects $2-3B in cost savings (primarily through layoffs), suggesting reduced marketing spend for content promotion. Paramount anticipates $6B in savings, indicating more aggressive content marketing that benefits sellers running sponsored product campaigns tied to entertainment releases. The Trump administration's reported preference for Paramount adds political uncertainty, though President Trump stated he would defer to DOJ review, reducing direct political intervention risk. Sellers should monitor regulatory filing deadlines (expected Q2-Q3 2026) and prepare contingency strategies for both licensing scenarios. The $2.8B Netflix termination fee and $1.5B bondholder exchange fee represent deal friction that could extend negotiations into late 2026, creating a 6-month window of licensing uncertainty for sellers planning 2027 product launches.",[48,51,54,57,60,63,66,69],{"title":49,"answer":50,"author":5,"avatar":5,"time":5},"How does the Netflix vs Paramount acquisition battle affect merchandise sellers on Amazon and eBay?","The outcome directly impacts licensing availability for Batman, Harry Potter, and The White Lotus merchandise. Netflix's acquisition would consolidate licensing under one streaming entity, potentially streamlining approvals but reducing competitive bidding. Paramount's acquisition maintains WBD as a separate studio, preserving traditional licensing structures that favor independent sellers. The regulatory scrutiny Netflix faces—DOJ investigating market concentration—could delay licensing decisions 6-12 months, affecting sellers' 2027 product launch timelines. Sellers should prepare contingency strategies for both scenarios and monitor regulatory filings expected Q2-Q3 2026.",{"title":52,"answer":53,"author":5,"avatar":5,"time":5},"What is the regulatory risk timeline for this acquisition deal?","The Department of Justice is conducting second-round antitrust investigations into both Netflix and Paramount, examining whether Netflix engaged in anticompetitive tactics. The combined Netflix-WBD entity would control approximately 20% of the U.S. television streaming market, below the 30% monopoly threshold but still subject to scrutiny. Netflix co-CEO Ted Sarandos defended the deal at a Capitol Hill hearing, while Paramount claims a cleaner regulatory path. Approval timelines could extend 6-12 months beyond the December 31, 2026 deadline mentioned in Paramount's offer, creating uncertainty for sellers planning content-tied product launches.",{"title":55,"answer":56,"author":5,"avatar":5,"time":5},"How does Ancora Holdings' opposition influence the deal outcome and seller implications?","Ancora Holdings, managing $11B in assets with a $200M economic interest in WBD, publicly opposed Netflix's deal on February 11, 2026, and threatened a proxy fight if the board refuses to engage with Paramount. This activist pressure could influence other institutional investors' voting decisions at the shareholder meeting, potentially blocking the Netflix deal. Ancora cited regulatory uncertainties, spinoff valuation risks, and Paramount's superior financial structure as concerns. For sellers, Ancora's opposition increases the probability of a Paramount acquisition, which would preserve traditional licensing structures and maintain WBD as a separate content studio rather than consolidating it under Netflix.",{"title":58,"answer":59,"author":5,"avatar":5,"time":5},"What are the cost implications for sellers if Netflix acquires WBD versus Paramount?","Netflix projects $2-3B in cost savings (primarily through layoffs), suggesting reduced marketing spend for content promotion and potentially lower licensing availability. Paramount anticipates $6B in savings, indicating more aggressive content marketing that benefits sellers running sponsored product campaigns tied to entertainment releases. Netflix's cost-cutting approach may reduce promotional support for licensed merchandise, while Paramount's larger savings target suggests continued investment in content marketing partnerships. Sellers should expect different licensing fee structures and promotional support levels depending on the acquirer, with Paramount likely maintaining more traditional licensing partnerships.",{"title":61,"answer":62,"author":5,"avatar":5,"time":5},"Which entertainment franchises are at stake in this acquisition?","WBD controls premium intellectual properties including Batman, Harry Potter, and The White Lotus franchises, representing approximately $8-12B in annual licensing revenue across apparel, collectibles, home goods, and toys. These franchises generate significant merchandise demand on Amazon, eBay, and specialty retailers. The acquisition outcome determines licensing availability and pricing for sellers offering products in these categories. Sellers currently operating in these franchise categories should monitor the deal progress, as licensing terms, approval timelines, and competitive dynamics will shift based on whether Netflix or Paramount acquires WBD.",{"title":64,"answer":65,"author":5,"avatar":5,"time":5},"When should sellers expect clarity on the acquisition outcome?","Regulatory filings and shareholder voting are expected Q2-Q3 2026, with potential approval extending into late 2026 or early 2027. Paramount's offer includes a $0.25-per-share quarterly ticking fee for delays beyond December 31, 2026, creating financial pressure for resolution. The $2.8B Netflix termination fee and $1.5B bondholder exchange fee represent deal friction that could extend negotiations. Sellers planning 2027 product launches should prepare contingency strategies by Q1 2026 and monitor regulatory announcements monthly. The 6-12 month approval timeline creates a window of licensing uncertainty that could delay new product introductions.",{"title":67,"answer":68,"author":5,"avatar":5,"time":5},"How does the Trump administration's involvement affect deal certainty for sellers?","The Trump administration reportedly favors Paramount as the preferred bidder, adding political dimensions to the corporate transaction. However, President Trump recently stated he would defer to the Justice Department's decision-making process, reducing direct political intervention risk. This statement increases deal predictability and suggests regulatory review will follow standard antitrust procedures rather than political directives. For sellers, this reduces political uncertainty and allows focus on regulatory timelines rather than political outcomes. The DOJ's independent review process provides a clearer approval pathway, though timelines remain extended due to second-round investigative queries.",{"title":70,"answer":71,"author":5,"avatar":5,"time":5},"What immediate actions should merchandise sellers take regarding this acquisition?","Sellers should immediately audit their current licensing agreements with WBD and identify which franchises (Batman, Harry Potter, The White Lotus) represent significant revenue. Document licensing terms, approval timelines, and renewal dates to understand exposure to deal outcomes. Monitor regulatory filings and shareholder meeting announcements (expected Q2-Q3 2026) through SEC filings and major business news sources. Prepare contingency product launch timelines assuming 6-12 month delays in licensing approvals. Consider diversifying merchandise portfolio across multiple IP holders to reduce concentration risk. By Q1 2026, develop separate go-to-market strategies for Netflix-acquisition and Paramount-acquisition scenarios.",[73,78,83,88,92,97,101,106,110,115,119,123,127,132,136,141,145,149,154,159,163,168,172,176,180,184,189,193,197,202,206,211,216,220,224,229,233,237,241,245],{"id":74,"title":75,"source":76,"logo":39,"time":77},400564,"Activist investor Ancora publicly opposes the WBD-Netflix deal","https://techcrunch.com/2026/02/11/activist-investor-ancora-publicly-opposes-the-wbd-netflix-deal/","6小時前",{"id":79,"title":80,"source":81,"logo":15,"time":82},400586,"Paramount creeps towards the inevitable: more cash for Warner Bros","https://www.ft.com/content/8e4ddac5-9d17-4732-857b-248e5a4c02d3","1天前",{"id":84,"title":85,"source":86,"logo":31,"time":87},400563,"Activist investor Ancora set to oppose Warner Bros.' deal with Netflix - report","https://seekingalpha.com/news/4549980-activist-investor-ancora-set-to-oppose-warner-bros-deal-with-netflix","17小時前",{"id":89,"title":90,"source":91,"logo":14,"time":82},400585,"Paramount expands offer for Warner Bros amid hostile takeover bid","https://www.aljazeera.com/economy/2026/2/10/paramount-expands-offer-for-warner-bros-amid-hostile-takeover-bid",{"id":93,"title":94,"source":95,"logo":23,"time":96},400562,"Ancora to Warner Bros. Board: Reopen talks with Paramount — or face a fight","https://financialregnews.com/ancora-to-warner-bros-board-reopen-talks-with-paramount-or-face-a-fight/","5小時前",{"id":98,"title":99,"source":100,"logo":26,"time":82},400584,"Paramount sweetens offer for Warner Bros. shareholders in hostile takeover fight","https://apnews.com/article/warner-bros-netflix-paramount-hollywood-8e0137b7ca4fb56c7bdcfa806fb9b162",{"id":102,"title":103,"source":104,"logo":5,"time":105},400561,"News in brief for February 11","https://www.hawaiitribune-herald.com/2026/02/11/nation-world-news/news-in-brief-for-february-11-2/","15小時前",{"id":107,"title":108,"source":109,"logo":37,"time":82},400583,"Paramount Sweetens Warner Offer","https://www.wsj.com/business/media/paramount-sweetens-warner-offer-1187a873?gaa_at=eafs&gaa_n=AWEtsqfWob87wrko2e82wRpXc0MT6QlFgUzMVcR3VGKltvGy30o-rJOR2UsP&gaa_ts=698d55db&gaa_sig=qkqUrhosDgbRndQmEaE5NrCvQRMnZGKn8o0io8rxsuc9sVGPgISWDlcf9sLJR9Of-WL9l6hEuE6spZntioEBXA%3D%3D",{"id":111,"title":112,"source":113,"logo":10,"time":114},400560,"Kartoon Studios (NYSE: TOON) Gains Momentum as Paramount","https://www.openpr.com/news/4387109/kartoon-studios-nyse-toon-gains-momentum-as-paramount","3小時前",{"id":116,"title":117,"source":118,"logo":33,"time":82},400582,"SpongeBob Owner Refuses To Give Up Pursuit Of Batman Owner","https://www.gamespot.com/articles/spongebob-owner-refuses-to-give-up-pursuit-of-batman-owner/1100-6538076/",{"id":120,"title":121,"source":122,"logo":20,"time":82},400581,"Paramount’s ‘Sweeter’ Bid Isn’t What Warner Bros. Investors Are Looking For | Analysis","https://www.thewrap.com/industry-news/business/paramount-warner-bros-sweetener-ticking-fee-explained/",{"id":124,"title":125,"source":126,"logo":29,"time":82},400580,"Paramount sweetens hostile takeover bid for Warner Bros. Discovery","https://thehill.com/homenews/media/5732015-paramount-offer-warner-discovery/",{"id":128,"title":129,"source":130,"logo":40,"time":131},400559,"WBD Board Reviewing Paramount's Amended Offer, Which Includes Paying Netflix $2.8 Billion to Go Away","https://www.mediaplaynews.com/wbd-board-reviewing-paramounts-amended-offer-which-includes-paying-netflix-to-go-away/","14小時前",{"id":133,"title":134,"source":135,"logo":18,"time":131},400558,"Cynopsis 02/11/26: Fox News Gets Brief","https://www.cynopsis.com/cynopsis-02-11-26-fox-news-gets-brief/",{"id":137,"title":138,"source":139,"logo":5,"time":140},400557,"Ancora Releases Presentation Regarding its Strong Opposition to the Currently Proposed WBD-Netflix Merger","https://www.stocktitan.net/news/WBD/ancora-releases-presentation-regarding-its-strong-opposition-to-the-13paoaw9r4mn.html","13小時前",{"id":142,"title":143,"source":144,"logo":19,"time":82},400579,"Activist investor Ancora pushes Warner Bros to walk away from Netflix deal, WSJ reports","https://www.reuters.com/sustainability/sustainable-finance-reporting/activist-investor-ancora-pushes-warner-bros-walk-away-netflix-deal-wsj-reports-2026-02-11/",{"id":146,"title":147,"source":148,"logo":34,"time":140},400556,"Activist investor Ancora to oppose Netflix-Warner Bros deal, backs Paramount bid","https://www.reuters.com/legal/transactional/ancora-capital-builds-stake-warner-bros-plans-oppose-netflix-deal-2026-02-11/",{"id":150,"title":151,"source":152,"logo":25,"time":153},400578,"Justice league: The Tipline for 10 February 2026","https://globalcompetitionreview.com/gcr-usa/article/justice-league-the-tipline-10-february-2026","23小時前",{"id":155,"title":156,"source":157,"logo":38,"time":158},400577,"Activist Investor Puts Heat on Warner Bros. Discovery to Reject Netflix Offer For “Inferior Value”","https://www.hollywoodreporter.com/business/business-news/activist-investor-warner-bros-discovery-netflix-1236502448/","11小時前",{"id":160,"title":161,"source":162,"logo":5,"time":153},400576,"Activist Ancora builds $200 mln stake in Warner, opposes Netflix deal- WSJ","https://www.investing.com/news/stock-market-news/activist-ancora-builds-200-mln-stake-in-warner-opposes-netflix-deal-wsj-4498601",{"id":164,"title":165,"source":166,"logo":35,"time":167},400575,"Ancora to oppose WBD-Netflix deal, Kraft Heinz halts split plans","https://finance.yahoo.com/video/ancora-oppose-wbd-netflix-deal-144454896.html","10小時前",{"id":169,"title":170,"source":171,"logo":12,"time":167},400574,"Latest blow to Paramount’s bid for Warner Bros. Discovery as clock keeps ticking","https://pagesix.com/2026/02/11/hollywood/clock-keeps-ticking-on-paramounts-bid-for-warner-bros-discovery/",{"id":173,"title":174,"source":175,"logo":13,"time":167},400573,"Small Warner Bros. Discovery Shareholder Blasts ‘Flawed, Inferior’ Netflix Offer and Backs Paramount’s Hostile Bid — but Will It Matter?","https://variety.com/2026/tv/news/activist-investor-opposes-warner-bros-discovery-netflix-deal-backs-paramount-1236659383/",{"id":177,"title":178,"source":179,"logo":36,"time":167},400572,"Business Buzz: What to know about Netflix’s proposed purchase of Warner Bros. Discovery","https://etownian.com/main/news/business-buzz-what-to-know-about-netflixs-proposed-purchase-of-warner-bros-discovery/",{"id":181,"title":182,"source":183,"logo":32,"time":167},400571,"Warner Bros. Gets an Activist. Why It Doesn’t Like the Netflix Deal.","https://www.barrons.com/articles/warner-stock-netflix-paramount-investor-335fa2e1?gaa_at=eafs&gaa_n=AWEtsqftloNUOHfBAolhLMWpW6yRDIOrXs1s8zMmR-S7XCxN1gB3bAE1GZee&gaa_ts=698d55db&gaa_sig=pJzf2WvIvlgoqUy-A7XiILkVJ_tZ2wOfj_sZaV0hrKwQOvMSIw1hQlvh6lqbB3JIapGCMXubI5DNp11p7LxyRw%3D%3D",{"id":185,"title":186,"source":187,"logo":28,"time":188},400570,"Activist Investor Pushes Warner to Walk Away From Netflix Deal","https://www.wsj.com/business/deals/activist-investor-pushes-warner-to-walk-away-from-netflix-deal-0bbe663e?gaa_at=eafs&gaa_n=AWEtsqc6_r8xY9F43kdAZ4hx6JW5FFiMsNgVJf57fTeCY45JeiwrCWZ6FxUG&gaa_ts=698d55db&gaa_sig=RZ3WqvohRO7NldnnRihpTozOdjO9bdNdtP8EHlHB94MfEc6-GOJwT0xM4jLgZw8DZ1QU8SMEIvKRQcINlLchxw%3D%3D","9小時前",{"id":190,"title":191,"source":192,"logo":5,"time":82},400591,"Larry Ellison makes new bid to derail Netflix takeover of Warner Bros","https://www.telegraph.co.uk/business/2026/02/10/larry-ellison-makes-new-bid-netflix-takeover-warner-bros/",{"id":194,"title":195,"source":196,"logo":44,"time":82},400590,"Warner Bros. Discovery Says Its Board Will Review Paramount’s Upgraded Hostile Takeover Offer","https://variety.com/2026/biz/news/warner-bros-discovery-board-review-paramount-hostile-takeover-offer-1236658241/",{"id":198,"title":199,"source":200,"logo":17,"time":201},400569,"Activist investor takes aim at Warner Bros deal with Netflix","https://www.ft.com/content/4060d60c-aa4a-423a-a544-e58ba0582e6d","21小時前",{"id":203,"title":204,"source":205,"logo":11,"time":167},400789,"Activist Investor Slams WBD For Rushing Into “Flawed” Netflix Deal, Tells Board To Engage With Paramount As Temperature Rises","https://deadline.com/2026/02/activist-investor-warner-bros-discovery-netflix-paramount-1236714881/",{"id":207,"title":208,"source":209,"logo":16,"time":210},400568,"PSKY Offers Incentive in WBD-NFLX Merger Deal","https://www.gurufocus.com/news/8606949/psky-offers-incentive-in-wbdnflx-merger-deal","8小時前",{"id":212,"title":213,"source":214,"logo":41,"time":215},400788,"Where the Battle for Warner Bros. Stands Now","https://www.wsj.com/business/media/where-the-battle-for-warner-bros-stands-now-5fd67999?gaa_at=eafs&gaa_n=AWEtsqc-L7wJgKpiXKvHJRPNHyxHfCOoZndw0X048hjdQmwLkzzPSpxjugLT&gaa_ts=698d55db&gaa_sig=2qYGbeTGtidZpipBoAkcIw6jc50VazWNPtcv4k6kyksVVCS654UKlkU4_1NjrxGfyfouy2eFURH5ROqD1gQu7Q%3D%3D","7小時前",{"id":217,"title":218,"source":219,"logo":24,"time":215},400567,"Paramount ratchets up competition for Warner Bros. but still falls short","https://www.axios.com/2026/02/11/netflix-trump-paramount-warner-bros-ellison",{"id":221,"title":222,"source":223,"logo":42,"time":82},400589,"Paramount Sweetens Warner Bros. Bid Terms to Woo Investors","https://www.bloomberg.com/news/articles/2026-02-10/paramount-offers-to-pay-2-8-billion-breakup-fee-in-warner-deal",{"id":225,"title":226,"source":227,"logo":27,"time":228},400787,"Warner Bros. 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