Paramount agrees to buy Warner Bros Discovery in $110bn deal | Money News

Paramount has agreed a $110bn deal to buy Warner Bros Discovery.
The deal was struck after Netflix walked away from a bidding war for the company.
Netflix had declined to match Paramount’s latest $31-per-share offer on Thursday – having offered a $27.75-per-share agreement for its studio and streaming assets.
Paramount, which is led by billionaire Larry Ellison’s son David, has deep political connections to Donald Trump’s administration.
Regulators in California are preparing a vigorous review of the deal, which could reshape Hollywood.
This breaking news story is being updated and more details will be published shortly.
Please refresh the page for the fullest version.
You can receive breaking news alerts on a smartphone or tablet via the Sky News app. You can also follow us on WhatsApp and subscribe to our YouTube channel to keep up with the latest news.
You may be interested

Family paying £60,000 for live-in dog sitter overwhelmed after ‘thousands’ apply
new admin - May 17, 2026The family was looking for the ideal candidate to serve as a companion to their cherished dog (Image: Sally Anscombe…

Stress, uncertainty as economy views decline; many voice frustration with Trump’s economic approach, CBS News poll finds
new admin - May 17, 2026Big numbers of Americans are concerned and stressed about finances, and feelings of being secure and content about them are…

Chatbots at the drive-thru are just the beginning
new admin - May 17, 2026This is The Stepback, a weekly newsletter breaking down one essential story from the tech world. For more news about…































