Paramount Skydance edges out Netflix for Warner Bros
Paramount Skydance edges out Netflix for Warner Bros Paramount Skydance Wins $110 Billion Battle for Warner Bros. Discovery, Reshaping Global Media After a bruising bidding war with Netflix, David Ellison's media empire seals the most consequential entertainment merger in decades — raising urgent questions about streaming prices, antitrust exposure, and Hollywood's concentrated future. Analysis & Reporting | March 7, 2026 BLUF — Bottom Line Up Front Paramount Skydance Corporation has signed a definitive $110.9 billion agreement to acquire Warner Bros. Discovery, besting Netflix in a months-long corporate war that ends with the largest entertainment merger in history. The deal unites Harry Potter, DC, HBO, CNN, and Game of Thrones under the same roof as Mission: Impossible, Star Trek, CBS, and the NFL. CEO David Ellison has confirmed that Paramount+ and HBO Max will be merged into a single streaming platform targeting 200 million subscribers. A...