Key facts: Netflix to Acquire Warner Bros. Discovery for $82.7B; Talks with Paramount Skydance Reopened

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2026.02.21 20:03
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Netflix will buy Warner Bros. Discovery's HBO, movie studio, and streaming assets for $27.75 per share, totaling $82.7 billion, including debt. Cable properties will form Discovery Global.1Warner Bros. Discovery's board has reopened discussions with Paramount Skydance to explore potential collaboration or deals.2