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Yesterday, 10:40 PM
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https://www.reuters.com/legal/litiga...ix-2026-02-27/
This will be terrible for CNN [Feb 27 (Reuters) - Warner Bros Discovery (WBD.O), opens new tab has agreed to be acquired by Paramount Skydance (PSKY.O), opens new tab in a $110 billion deal, ending a high-stakes bidding war after Netflix walked away from its agreement with the HBO Max owner. The deal, with an equity value of $81 billion, is expected to close in the third quarter of 2026, the companies said on Friday. Reuters first reported on Warner Bros Discovery and Paramount signing a deal earlier in the day, citing an audio clip of a global townhall held by the company.] Last edited by arista; Yesterday at 10:43 PM. |
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Paramount has bought Warner Bros $110Billion (Netflix has pulled out)
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