尽管派拉蒙天空之舞公司提出每股31美元的全现金“更优提案”，WBD董事会仍倾向Netflix
关键事实
1Warner Bros. Discovery reported lower fourth-quarter revenue driven by declines across all business segments.
2The results come amid a high-stakes bidding war involving Netflix and Paramount Skydance.
派拉蒙天空之舞公司（PSKY）于2026年2月26日收到正式通知，其每股31美元的全现金收购要约被华纳兄弟探索公司（WBD）董事会认定为“更优提案”。然而，CNBC的报道指出，尽管派拉蒙的竞标在法律上被归类，WBD董事会仍战略性地倾向于与Netflix进行潜在合并。PSKY提案的全现金性质加剧了Netflix的压力，Netflix现在有关键的4天窗口期来回应反要约。这一进展正值WBD应对复杂的金融格局之际，此前有报道称，在工作室收入下降23%的情况下，公司营收稳定在95亿美元。市场分析师目前正在权衡天空之舞公司现金要约的确定性与董事会设想的与Netflix的长期战略协同效应。这场竞购战的结果预计将重新定义全球娱乐和流媒体格局。
版本历史
版本 429 days ago
变更内容: Identified the bidder as Paramount Skydance Corporation (PSKY), clarified the $31/share bid is all-cash, and added the nuance that the WBD board still favors the Netflix deal per CNBC.
版本 329 days ago
变更内容: The story shifted from general M&A speculation to a formal bidding war, with Paramount's $31/share offer being labeled 'superior' and a strict 4-day deadline set for Netflix.
版本 229 days ago
变更内容: The story was updated to include specific financial figures, noting that the $9.5 billion revenue met expectations and highlighting a 23% drop in adjusted earnings for the studio segment.
版本 130 days ago
变更内容: The story was updated to include the specific revenue decline figure (6%) and highlight the positive subscriber growth within the HBO Max streaming segment.
