Hollywood Merger

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Executives shaking hands over $110B Paramount Skydance-Warner Bros. Discovery acquisition deal contract, outbidding Netflix, in a Hollywood boardroom.
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Paramount secures Warner Bros. Discovery in $110 billion deal

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Paramount Skydance has finalized a $110 billion agreement to acquire Warner Bros. Discovery, outbidding Netflix after months of competition. The deal, valued at $31 per share, includes commitments to theatrical releases but faces immediate antitrust scrutiny from state attorneys general. Netflix received a $2.8 billion termination fee upon walking away from its prior bid.

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