Paramount Will Buy Warner Bros. After a $110 Billion Deal
What at first was news that shocked the entertainment world when Netflix announced, on December 5, 2025, that it was going to buy the stu...

TL;DR
- Paramount Skydance has finalized its acquisition of Warner Bros. Discovery for $110 billion.
- The deal surpasses Netflix's earlier offers of approximately $83 billion and $108.4 billion.
- The combined entity will include Warner Bros. Studios, Paramount Studios, CNN, HBO Max, and Paramount+.
- Paramount's CEO, David Ellison, stated the acquisition aims to honor legacy while accelerating a next-generation media company vision.