The iconic Paramount mountain logo (left) and Warner Bros. shield logo (right), side by side, symbolizing the potential merger between Paramount Skydance and Warner Bros. Discovery after Netflix stepped away from the bidding.
INDUSTRY NEWS. Feb 27, 2026

Paramount and Warner Bros. Discovery Confirm $110 Billion Merger in Landmark Hollywood Deal

Hollywood's biggest media story of 2026 just became official. Paramount and Warner Bros. Discovery have formally confirmed a $110 billion merger, with Paramount acquiring WBD at $31 per share in an all-cash deal that will reshape the entertainment industry for…

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