According to sources familiar with the matter, Paramount Skydance has paid Netflix (NFLX.O) a $2.8 billion termination fee after the streaming service abandoned its plans to acquire part of Warner Bros. Discovery's (WBD.O) business.

2026-02-28

According to sources familiar with the matter, Paramount Skydance has paid Netflix (NFLX.O) a $2.8 billion termination fee after the streaming service abandoned its plans to acquire part of Warner Bros. Discovery's (WBD.O) business.