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The Latest Breaking News from Warner Bros Discovery

CBS News workers hold 24-hour walkout for new contract

Writers Guild of America East says management failed to offer fair wages and basic job protections

The Guardian - US

Warner Bros CEO David Zaslav in line for $700m payout from Paramount deal

One of the best-paid executives in Hollywood has already made $113m after selling shares in WBD this month

The Guardian - UK

Paramount-Warner Bros Merger: Ellison Family's $111B Deal to Control CNN, CBS, TikTok Sparks Sanders' 'Oligarchy' Warning

How the Ellison family's $111 billion media merger could reshape American media, controlling networks like TikTok, CBS, CNN, and HBO. Learn about the implications and concerns of this historic deal.

International Business Times UK

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Bernie Sanders' Media Monopoly Alert: Right-Wing Ellisons to Control TikTok, CBS, HBO & Dozens More

Bernie Sanders raises concerns over the Ellison family's increasing control over America's media landscape, including potential acquisitions of major networks

International Business Times UK

Donald Trump Expands Holdings With Netflix Debt During High-Stakes Media Deal

Donald Trump expanded his portfolio with up to $1.25 million in Netflix bonds during the company's high-stakes bid for Warner Bros. Discovery.

International Business Times

Paramount and Warner Bros Merge: Why Your Favourite Shows Could Disappear and Thousands Could Lose Jobs

Paramount's $110 billion Warner Bros merger could reshape Hollywood, impacting jobs and streaming giants like HBO and Paramount+—and changing your favorite shows.

International Business Times UK

Netflix and Paramount bidding for a potentially lucrative back catalogue mirrors 18th-century publishing deals

Netflix’s plan to buy the Hollywood studio Warner Bros Discovery is over. The streaming giant was eventually outbid by rival company Paramount Skydance, which is willing to pay around US$111 billion (£82.2 billion) for the company.

The Conversation

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Paramount-Warner Bros mega-merger could still face ‘real threats’, antitrust experts say

The $110bn deal will require approval from regulatory authorities in the US, the EU and the UK

The Guardian - US

Netflix Stock Climbs to $97 as Company Walks Away from Warner Bros. Deal, Analysts Turn Bullish

Netflix Inc. (NASDAQ: NFLX) shares closed at $97.09 on March 2, 2026, up 0.88% or $0.85 from the prior session, extending a recent rally fueled by the company's decision to abandon pursuit of an acquisition of Warner Bros. Discovery and renewed analyst optimism on its advertising and organic growth prospects.

International Business Times

Paramount acquires Warner Bros Discovery in mega deal: the winners, losers and Trump’s man in the middle

Netflix’s planned acquisition of Hollywood studio Warner Bros Discovery (WBD) has fallen apart at the eleventh hour, as Paramount Skydance has made a “superior” proposal to buy the conglomerate for A$156 billion.

The Conversation

The Art of the Walk-Away: Netflix Wins by Losing the WBD Deal

After months of uncertainty, Netflix’s 30% pop shows that in today’s market, disciplined balance sheet management beats risky expansion every time.

MarketBeat

What Does Paramount Buying Warner Bros. Mean For You?

The buzziest corporate merger of 2026 will likely have some big effects on the average viewer's experience.

Inverse

HBO Max and Paramount Plus could merge into a single streaming platform, but the two services would "operate with independence," Paramount CEO proposes

"HBO should stay HBO," says Paramount CEO David Ellison

Total Film

Netflix Stock Surges 13.8% to $96.24 After Dropping Warner Bros. Bid, Signaling Relief Rally

Netflix Inc. (NFLX) shares closed at $96.24 on Friday, Feb. 27, 2026, up $11.65 or 13.77% from the previous session, marking the streaming giant's strongest single-day gain in recent memory after the company formally abandoned its months-long pursuit of Warner Bros. Discovery assets.

International Business Times

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The Independent UK

'Scream 7' opens with a franchise-best $64.1 million in box-office win for Paramount

“Scream” is still making a killing

The Guardian - US

Trump just got much closer to bringing CNN to heel

With David Ellison’s Paramount Skydance poised to buy Warner Bros Discovery, the president is tightening his grip on the US media

The Mary Sue

Is This Really the End for Warner Bros.?

So...what does it all mean?

Barchart

Stocks Settle Lower as Bank Shares Tumble and Tech Stocks Fall

The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.43%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.30%. March E-mini S&P futures (ESH26 ) fell -0.47%, and March E-mini Nasdaq futures...

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The Guardian - US

‘Not a done deal’: California vows ‘vigorous’ review of Paramount-Warner Bros takeover

Attorney general says $111bn deal will be investigated amid concerns over monopoly power and job losses

We Got This Covered

Billionaires tied to Trump outbid Netflix to take over CNN’s parent company, and their vision for the network is making anchors sweat

CNN might be up for a huge change in direction.

BANG Premier

Warner Bros. Discovery set to be acquired in entirety by Paramount Skydance

After Netflix walked away from the bidding, Warner Bros. Discovery is set to be acquired in its entirety by Paramount Skydance.

The Independent UK

What Paramount’s Warner Bros deal means for Hollywood after major acquisition

Two of Hollywood’s oldest studios are set to be consolidating into one. Here is what to know about the merger

TechRadar

Plot twist — Netflix ditches Warner Bros deal as insiders call imminent Paramount takeover a ‘gut punch’

Netflix has decided to concede to Paramount in the battle for Warner Bros. Discovery.

Barchart

Stocks Retreat on AI Disruption Concerns and Geopolitical Risks

The S&P 500 Index ($SPX ) (SPY ) today is down -0.61%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -1.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.41%. March E-mini S&P futures (ESH26 ) are down -0.59%, and March E-mini Nasdaq futures...

International Business Times UK

Netflix CEO Visits White House — Then Walks Away From Warner Bros. Deal

Netflix has officially withdrawn from the bidding war for Warner Bros. Discovery, paving the way for a merger with Paramount Skydance.

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