Tag

Ticking Fee

All articles tagged with #ticking fee

business24 days ago•17 min saved

Judge Sets Two-Day Settlement Talks for Paramount-WBD Antitrust Battle

A California judge ordered a two-day settlement conference in San Francisco for the Paramount-WBD antitrust case (Oct. 14–15), with settlement statements due by Oct. 7 and attendees list due by Oct. 12. A ticking fee of about $7 million per day could begin Oct. 1 if the merger hasn’t closed, and a Sept. 24 hearing will consider Paramount’s bid for a $1.88 billion bond; California AG Rob Bonta has pressed for structural remedies, and the WGA will participate in the talks as the case heads toward a March trial.

via Deadline|

#antitrust #business #paramount-wbd

business1 month ago•20 min saved

Why a Theater Owner Says Stability Matters More Than the Paramount-Warner Merger

Phoenix Theatres owner Cory Jacobson argues that the bigger risk to exhibitors is not the Paramount–Warner Bros. merger itself but the prolonged uncertainty it could create in film production. He notes that delaying the deal incurs high ticking fees and could waste precious time, while blocking it could reduce major releases and leave theaters with empty calendars. He urges regulators to weigh both sides and push for a concrete multi-year plan (ideally extending Paramount’s pledge of about 30 theatrical releases per year to five years) to stabilize the theatrical pipeline, stressing that studios and cinemas depend on one another for a healthy, sustainable industry.

via The Hollywood Reporter|

#business #investment-risk #movie-theaters

business1 month ago•3 min saved

Paramount seeks $1.88B security from states over WBD merger delay

Paramount asks a judge to require state attorneys general to post a $1.88 billion bond to cover costs and potential harm from delaying its $110 billion merger with Warner Bros. Discovery, arguing ticking fees and lost integration value justify security as a March trial approaches and regulatory approvals have already been secured.

via CNBC|

#antitrust #business #merger

business8 months ago•16 min saved

Paramount sweetens Warner Bros. Discovery bid with ticking fee and Netflix termination payout

Paramount Global is pushing its hostile bid for Warner Bros. Discovery by keeping a $30-per-share all-cash offer, adding a $0.25-per-share ticking fee for each quarter the deal stays open past December 31, 2026, and agreeing to pay Netflix a $2.8 billion termination fee if Warner Bros. Discovery rejects Netflix’s bid (with Netflix owing Paramount $5.8 billion if it withdraws). The package is backed by roughly $43.6 billion in equity and $54 billion in debt commitments plus a personal guarantee from Larry Ellison, and Paramount has extended the tender offer to February 20 after complying with a DOJ information request.

via The Hollywood Reporter|

#business #hostile-bid #netflix