Part 3/14:
Why would Warner Brothers endorse Netflix over Paramount? The answer lies in the miscalculations made by Warner's leadership, notably David Zaslav. The company initially believed Paramount would escalate its offer or that negotiations would favor a higher bid. However, the current landscape indicates that Paramount has seemingly stepped back, unwilling to increase their offer further. This, combined with Warner's own internal missteps, could jeopardize Zaslav’s aggressive positioning.