Paramount outbids Netflix to acquire Warner Bros. Discovery for $111 billion

NPR

Published March 1, 2026 at 7:08 AM CST

Paramount has outbid Netflix to acquire Warner Bros. Discovery, a major shake-up that has many in the film industry worried.

Public media depends on you.

Your support keeps Prairie Public strong and independent, serving communities across our region with programs that educate, involve, and inspire.

Donate