# Paramount Skydance has reached an agreement to acquire Warner Bros Discovery for an astounding $110 billion.

*business · news · 2026-02-27 · Devdiscourse*

## Key points

- Paramount Skydance has agreed to acquire Warner Bros Discovery for $110 billion.
- Netflix declined to counter Paramount's $31-per-share offer, allowing the acquisition to proceed.
- European Union antitrust clearance is expected with only minimal required divestments.
- California's Attorney General is investigating the deal for compliance with state laws.

**Companies:** Paramount, Warner Bros Discovery, Netflix
**Countries:** United States

[Read the full story on Devdiscourse](https://www.devdiscourse.com/article/business/3820559-blockbuster-deal-paramount-acquires-warner-bros-discovery-for-110-billion)

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