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Commercial Awareness Compass

Paramount pays a $110 billion premium to sideline Netflix

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Henry Nelson Case

Henry is a 7 year qualified commercial lawyer with experience on a whole host of commercial contracts, having gained exposure to a diverse range of work through both working in-house and in private practice. Alongside working as lawyer, Henry also creates content on social media – where he strives to promote the importance of mental health and wellbeing in the workplace and challenges toxic corporate behaviours.

Published Thu, 14 May

This episode is a follow up to episode 57 of the Commercial Awareness Compass. Click here to listen to the first part. 

The battle for Hollywood supremacy has taken a shocking turn as Paramount Skydance has tabled a successful $110 billion bid to acquire Warner Bros Discovery. In a move that has startled commentators, Warner Bros turned away from Netflix at the final hour choosing to back out of their previously agreed $82.7 billion deal and incurring a $2.8 billion break fee in the process. 

Now, with Paramount in the driver’s seat, there are a whole new wave of issues for their lawyers to contend with. Could pressure from the biggest names in Hollywood undo all of Paramount’s hard work? How are the companies preparing for regulatory scrutiny? And where does this leave the Warner Bros staff?

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