The high-stakes battle for Warner Bros. Discovery assets has taken a “dramatic” turn, with Netflix granting it a strategic seven-day waiver to entertain a rival proposal from Paramount Global. According to the latest reports, PSKY is now willing to pay $31 per share – if not more – for the HBO-parent. Meanwhile, the clock is still ticking toward the critical shareholder vote on the Netflix deal scheduled for March 20. That said, while the seven-day waiver has surely stirred the pot, there’s reason to believe it’s nothing more than a tactical delay. When the dust settles, NFLX may still emerge the victor in this streaming arms race. Netflix’s financial superiority makes it a more attractive buyer Even if Paramount returns…
