Paramount Skydance (NASDAQ:
PSKY) is pushing deeper into its high-stakes pursuit of Warner Bros. Discovery (WBD), considering a plan to bypass negotiations and take its acquisition offer directly to shareholders, according to CNBC. This move follows Netflix’s blockbuster agreement to acquire HBO Max and the Warner Bros. film studio for $27.75 per share — a $72 billion equity deal that dramatically reshaped the media landscape and left Paramount sidelined in the process.
The twist is especially striking given that Paramount initially sparked the sale process months ago through a series of acquisition proposals sent by CEO David Ellison. Those offers — progressively higher and framed as strategically synergistic — brought Comcast and Netflix into the bidding arena and helped push WBD’s stock from $12.54 to above $25, doubling shareholder value. Meanwhile, WBD CEO David Zaslav is set to personally benefit by over $550 million based on his equity and options tied to the deal price, a figure that could climb to roughly $660 million with upcoming share awards.
Netflix’s agreement forced Paramount into an aggressive recalibration. The company has accused WBD of tilting the process toward Netflix despite Paramount’s superior all-cash $30 offer and its willingness to acquire the entire WBD portfolio — including CNN, TNT Sports, Discovery networks, the studio, and HBO Max. Paramount argues its full-company bid offers tax advantages, broader strategic value, and lower regulatory risk. Sources say Paramount may now return with an even higher offer directly to shareholders.
Technical Outlook (PSKY)
PSKY continues to trade in a prolonged downtrend under a major descending trendline. Price is currently hovering near $13, approaching a strong demand zone between $9.50–$11, highlighted on the chart. RSI remains weak, and momentum signals suggest sellers remain in control. A sweep into this demand area could trigger a relief bounce, but the broader trend stays bearish unless PSKY breaks above $16–$17 and reclaims the long-term trendline. Failure to hold the lower zone exposes $9.55 lows.
The twist is especially striking given that Paramount initially sparked the sale process months ago through a series of acquisition proposals sent by CEO David Ellison. Those offers — progressively higher and framed as strategically synergistic — brought Comcast and Netflix into the bidding arena and helped push WBD’s stock from $12.54 to above $25, doubling shareholder value. Meanwhile, WBD CEO David Zaslav is set to personally benefit by over $550 million based on his equity and options tied to the deal price, a figure that could climb to roughly $660 million with upcoming share awards.
Netflix’s agreement forced Paramount into an aggressive recalibration. The company has accused WBD of tilting the process toward Netflix despite Paramount’s superior all-cash $30 offer and its willingness to acquire the entire WBD portfolio — including CNN, TNT Sports, Discovery networks, the studio, and HBO Max. Paramount argues its full-company bid offers tax advantages, broader strategic value, and lower regulatory risk. Sources say Paramount may now return with an even higher offer directly to shareholders.
Technical Outlook (PSKY)
PSKY continues to trade in a prolonged downtrend under a major descending trendline. Price is currently hovering near $13, approaching a strong demand zone between $9.50–$11, highlighted on the chart. RSI remains weak, and momentum signals suggest sellers remain in control. A sweep into this demand area could trigger a relief bounce, but the broader trend stays bearish unless PSKY breaks above $16–$17 and reclaims the long-term trendline. Failure to hold the lower zone exposes $9.55 lows.
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คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
