TVMusic Network
Paramount to Acquire Warner Bros. Discovery After Outbidding Netflix
Paramount to Acquire Warner Bros. Discovery After Outbidding Netflix. The transaction has been unanimously approved by the Boards of Directors of both companies and is expected to close in Q3 2026, subject to customary closing conditions, including regulatory clearances and approval by WBD shareholders, with a vote expected in the early spring of 2026.
