Yesterday, Paramount Skydance completed the merger with Warner Bros. Discovery for $110.9 billion, creating a new company called Skydance. As you may remember, Netflix was the first company to present an offer of $72 billion on December 5, 2025. However, just three days later, Paramount Skydance considerably upped the stakes by offering to purchase the entire company (Netflix only wanted the Studio and Streaming assets) with a higher price per share, too. Eventually, on February 27, 2026, Netflix announced it wouldn’t continue the bidding war, leaving the door open for Paramount. Since then, the company owned by David Ellison had […]
Read full article at https://wccftech.com/tony-driscoll-leads-skydance-games-warner-bros-discovery-merger/