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JANUARY 2024 MEGA-DEALS ┌───────────────────────────────┬───────────────────────────────┬───────────────────────────────┐ │ NETFLIX & WWE │ PARAMOUNT BIDDING │ LIONSGATE SPIN-OFF │ │ $5B / 10B │ $30B Offer │ $4.6B SPAC │ │ Netflix acquires exclusive │ Byron Allen submits massive │ Lionsgate separates studio │ │ rights to WWE Raw, marking │ bid for Paramount Global, │ and 20,000-title library │ │ a historic push into live │ highlighting severe legacy │ from Starz to maximize │ │ entertainment. │ media vulnerabilities. │ asset valuation. │ └───────────────────────────────┴───────────────────────────────┴───────────────────────────────┘ The Netflix-WWE Seismic Shift

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