Bros

Paramount Skydance will acquire Warner Bros Discovery in a $110 billion (€93 billion) transaction, ending a high-stakes bidding war after Netflix declined to match Paramount’s latest offer, the companies said. The deal, with an equity value of about $81 billion, is slated to close in the third quarter of 2026, pending regulatory approvals and other customary conditions. Reuters first reported that a deal had been reached, citing an audio clip from a global town hall. Shares of Paramount rose about 1% in extended trading,…

Paramount Skydance has launched a hostile $108.4 billion bid for Warner Bros Discovery, moving to upend Netflix’s newly struck agreement and escalate one of the decade’s most consequential battles for Hollywood’s crown jewels. The move arrives days after Netflix emerged from a weeks-long bidding war with a $72 billion equity deal for Warner Bros Discovery’s TV, film and streaming assets — an offer valued at $82.7 billion including debt and carrying a $5.8 billion break-up fee from Netflix. The streaming giant’s bid, already…

WASHINGTON — President Donald Trump said Sunday that Netflix’s bid to acquire Warner Bros “could be a problem,” signaling he intends to weigh in on a potential $83 billion deal that has already stirred antitrust alarm across Hollywood. “I’ll be involved in that decision,” Trump told reporters as he arrived at the Kennedy Center Honors. He added that Netflix already has “a very large market share,” language likely to reverberate as federal regulators consider whether the proposed acquisition would give the streaming leader…

Netflix’s proposed $72 billion takeover of Warner Bros Discovery has drawn sharp opposition from Hollywood unions, theatre owners and industry groups who say the deal would concentrate power, cut jobs and further weaken theatrical releases if it survives regulatory scrutiny. The deal, announced this month, would put HBO brands and the historic Warner Bros studio under Netflix’s control. Netflix, the streaming giant behind Stranger Things and Squid Game, would also gain control of marquee Warner Bros titles such as Batman…