Paramount agrees to buy Warner Bros. Discovery, pays Netflix $2.8 billion for breakup
Engadget | 28.02.2026 04:59
Paramount Skydance and Warner Bros. Discovery are officially merging. The studio paid Netflix the $2.8 billion termination fee it was owed for breaking its original deal to buy Warner Bros. earlier today, and the historic film studio has now formally accepted Paramount’s offer.
