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Paramount to acquire Warner Bros. Discovery in decision which could alter US media and entertainment landscape
DW News
Published about 3 hours ago

Paramount to acquire Warner Bros. Discovery in decision which could alter US media and entertainment landscape

DW News · Feb 27, 2026 · Collected from RSS

Summary

Paramount is set to buy Warner Bros. Discovery, the parent company of Warner Bros. movie studio, HBO and CNN.

Full Article

Warner Bros. Discovery Friday signed a formal agreement to be acquired by Paramount, the two companies said Friday. Paramount's bid, that stands at more than $110 billion, comes after Netflix dropped out of its bidding war for the storied Hollywood studio. The acquisition also means that Paramount will be the new owners of the HBO Max streaming business and major news broadcaster CNN. This story will be updated. Please refresh your browser for more. Edited by: Wesley Dockery

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