Netflix Grants Warner Bros. Discovery Seven-Day Waiver to Reopen Paramount Acquisition Talks

Netflix granted Warner Bros. Discovery a seven-day waiver to reopen negotiations for a potential acquisition of Paramount Skydance.

The agreement provides Warner Bros. Discovery a window until February 23 to reach a possible agreement. This development reignites stalled discussions between the two media conglomerates as industry consolidation accelerates.

A potential merger between Warner Bros. Discovery and Paramount would create a more formidable competitor for Netflix. Such a transaction would significantly alter the global content and streaming landscape.