--- title: "What to know about the landmark Warner Bros. Discovery sale" url: https://daily.dev/posts/what-to-know-about-the-landmark-warner-bros-discovery-sale-n8txpzloo source_url: https://techcrunch.com/2026/02/28/warner-bros-netflix-paramount-acquisition-timeline-wbd/ type: article source: "TechCrunch" published: 2026-02-28T21:32:36.270Z updated: 2026-03-02T18:38:57.149Z tags: ["business", "netflix"] reading_time: 7 upvotes: 0 comments: 0 language: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # What to know about the landmark Warner Bros. Discovery sale **[TechCrunch](https://daily.dev/sources/tc)** · 7 min read · 0 upvotes · 0 comments ## Summary Paramount is set to acquire all of Warner Bros. Discovery's assets — including HBO, CNN, studios, and streaming platforms — for $111 billion, outbidding Netflix which had previously agreed to a $82.7 billion deal for WBD's studios and streaming. The bidding war unfolded over several months, with WBD's board repeatedly rejecting Paramount's earlier offers over debt concerns before ultimately engaging with Paramount's raised $31-per-share bid. Netflix declined to match and withdrew. The deal faces significant hurdles: Paramount will assume roughly $33 billion of WBD's debt backed by a $54 billion debt commitment and $45.7 billion in equity from Larry Ellison. Regulatory scrutiny is intense, with 11 state attorneys general urging DOJ review, a California AG investigation, and political concerns around Ellison's ties to the Trump administration and potential editorial influence over CNN. The deal timeline remains uncertain pending board approval and regulatory clearance. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: --- Tags: [#business](https://daily.dev/tags/business), [#netflix](https://daily.dev/tags/netflix) [View this post on daily.dev](https://daily.dev/posts/what-to-know-about-the-landmark-warner-bros-discovery-sale-n8txpzloo)