Paramount agrees to buy Warner Bros. Discovery, pays Netflix $2.8 billion for breakup
Paramount Skydance acquired Warner Bros. Discovery for $31 per share after Netflix abandoned its acquisition attempt and paid a $2.8 billion termination fee.
Warner Bros. Discovery agrees to $110 billion Paramount merger
Paramount and Warner Bros. Discovery officially agreed to merge into a $110 billion media company, with Paramount acquiring WBD and covering Netflix's termination fees.
