Paramount agrees to buy Warner Bros. Discovery, pays Netflix $2.8 billion for breakup

After paying Netflix to end its acquisition deal, Paramount Skydance is now officially buying Warner Bros. Discovery.

Paramount Skydance Targets Q3 Closing Date for Warner Bros. Discovery Transaction as David Ellison Vows to ‘Honor the Legacy of Two Iconic Companies’

Paramount Skydance has set an ambitious target of closing its $111 billion Warner Bros. Discovery transaction by the third quarter of this year.
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Paramount and Warner Bros. Discovery announce $110 billion deal

Warner Bros Discovery has agreed to a deal with Paramount Skydance, the two companies confirmed Friday in a news release.

Warner Bros. Discovery signs merger agreement with Paramount Skydance

Warner Bros. Discovery on Friday formally signed an agreement to be acquired by Paramount Skydance, the two companies ...

Massive Merger Confirmed: Paramount And WBD Reveal Details Of $110 Billion Deal

It’s official. Warner Bros. Discovery is selling itself to Paramount for $31 a share in cash. The companies unveiled their ...

Paramount Pays Out $2.8 Billion Termination Fee to Netflix as Warner Deal Draws Near

The streaming giant on Friday confirmed that Paramount paid out the $2.8 billion fee that WBD was obligated to pay in connection with terminating their signed deal. With the fee paid out, Netflix’s ...

It’s a Deal: Paramount and Warner Bros. Discovery Unveil $111 Billion Megamerger

Paramount ‘s $111 billion megadeal for Warner Bros. Discovery is officially a go. The two companies formally unveiled the deal Friday after Netflix formally bowed out of the running a day earlier, ...
TheWrap

Paramount-WBD Unveil Plans for Newly Formed Company as Board Approves $110 Billion Merger

Paramount and Warner Bros. Discovery have begun laying out their vision for the combined company after both media giants’ boards officially approved their $110 billion merger on Friday. The companies ...

Paramount-Warner Bros. deal stirs fears about what it means for CNN

Paramount Skydance’s acquisition of Warner Bros. Discovery includes CNN, stirring concerns about editorial independence after recent controversial decisions at CBS. Lawmakers and press freedom ...