Netflix and Warner Bros. deal is far from a sure thing
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Netflix has agreed to acquire WBD assets for a whopping $83 billion. Rich Greefield says Paramount Skydance can succeed without WBD.
The prospect of Paramount’s buying Warner Bros. Discovery had led CNN journalists to wonder if the channel may be combined with CBS News. Instead, CNN will remain in a separate corporate entity.
On October 29, 2025, Paramount Global, one of America’s largest media companies, announced its largest wave of layoffs in years, cutting approximately 2,000 jobs. This move followed Paramount’s merger with Skydance Media, which was recently finalized ...
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Paramount throws in more cash in bid for Warner; Comcast wants to combine assets with NBCUniversal
Jockeying for HBO-owner Warner Bros. Discovery has intensified as the auction appears to enter its home stretch.
Skadden, Arps, Slate, Meagher & Flom acted as counsel for Netflix. Wachtell, Lipton, Rosen & Katz and Debevoise & Plimpton represented Warner Bros. Attorneys at Latham & Watkins and Cravath, Swaine & Moore,