Hollywood Merger

Paramount secures Warner Bros. Discovery in $110 billion deal

February 27, 2026 由 AI 报道 AI 生成的图像

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.