Warner Bros Executive Reveals $110 Billion Paramount Deal at Townhall Meeting

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Paramount Skydance Acquires Warner Bros in $110 Billion Deal

Paramount is expected to easily win European Union antitrust approval, with any required divestments likely to be minor, Reuters reported on Friday, citing sources.

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Moneycontrol•28-02-2026, 01:14

Paramount Skydance Acquires Warner Bros in $110 Billion Deal

•Warner Bros Discovery (WBD.O) has been acquired by Paramount Skydance (PSKY.O) for $110 billion, an executive disclosed in a town hall.
•Netflix declined to match Paramount's $31-per-share offer, leading to the signed agreement.
•Paramount shares jumped 24% and Netflix rose 13% following the news.
•California State Attorney General Rob Bonta is investigating the deal, which includes $29 billion in debt.
•The merger creates one of the largest film studios, combining HBO Max and Paramount+, and raises concerns about consumer choice and job losses.

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