US EditionWarner Bros. Discovery signs merger agreement with Paramount Skydance
Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery aims to create a global media leader with over $6 billion in expected synergies, pending regulatory approvals.
- On Friday, Warner Bros Discovery agreed to be acquired by Paramount Skydance in a $110 billion deal signed this morning after Netflix declined to match Paramount's $31-per-share offer, Warner Bros chief revenue and strategy officer Bruce Campbell said.
- Paramount pursued Warner Bros since late last year with a hostile campaign led by David Ellison, son of Larry Ellison, and pressured by activist investor Ancora Holdings.
- The deal includes about $29 billion in debt, and Paramount agreed to pay the $2.8 billion termination fee Warner Bros owes Netflix, while raising its regulatory-failure fee to $7 billion.
- Lawmakers warned the acquisition could reduce choices and raise prices, while cinema operators cautioned about job losses and fewer theatrical releases; California AG Bonta said the state is investigating and will be `vigorous` in its review.
- Reuters said EU antitrust approval is expected to be relatively straightforward with minor divestments likely, and the deal positions Paramount to combine HBO Max and Paramount+ to bolster streaming against Netflix.
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After several months of negotiations, Warner Bros Discovery accepted Paramount Skydance's bid for a multimillion dollar amount
Warner Bros. Discovery and Paramount Skydance sign merger agreement
(KYMA, NBC) - Warner Bros. Discovery (WBD) and Paramount Skydance announced they have signed a more than $110 billion merger agreement Friday. This comes a day after Netflix announced they declined to raise its offer for WBD after the company told Netflix that Paramount's latest offer was superior. Earlier this week, Paramount raised its previous offer from $30 per share to $31 per share after WBD gave Paramount a week to come up with a "best an…
Radio France Internationale
LaProvence.comThe American television and film group Paramount Skydance will take over its competitor Warner Bros Discovery (WBD), valued $110 billion including debt, he announced Friday, February 27, 2026. This takeover puts an end to a long-term battle with Netflix, who has given up bidding and abandoned the race on Thursday.
3 things we will never know after Netflix pulled out of the Warner Bros. bidding, handing it to Paramount
When the credits finally rolled on the Warner Bros. Discovery bidding war this week, it wasn’t the world’s largest streamer standing on the lot. It was Paramount Skydance, another legacy Hollywood studio with a subscale streaming business struggling under a massive debt load. Netflix formally withdrew its bid on Thursday after Warner’s board deemed Paramount’s latest offer “superior,” ending months of brinksmanship that played out as a throwback…
This issue had become almost inevitable after Netflix's withdrawal on Thursday.
Fate of DC Universe and 'Harry Potter' Reboot Revealed After Paramount Merger
We may already know how James Gunn’s DC Universe and the upcoming Harry Potter reboot will be impacted by the upcoming Paramount merger. Warner Bros. Discovery has been up for sale for some time now, with the past few months seeing Netflix assumed as its buyer. Last December, Warner Bros agreed to an $82 billion, debt-inclusive takeover offer from Netflix for select assets. Credit: DC Studios The news divided film fans, concerned over what impac…
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