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Can Paramount and Warner Bros. Defy History of Lackluster Hollywood Mergers?

That’s all, folks. Well, maybe. With Netflix bowing out of the bidding war for Warner Bros. Discovery (WBD), Paramount SkyDance officially has a deal in place for David Ellison’s white whale. Pending all-but-certain approval from WBD shareholders in a vote expected early this spring, and barring unforeseen financing difficulties or regulatory roadblocks, Ellison’s studio is set to acquire WBD in a heavily financed all-cash transaction that value…

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By renouncing Warner Bros, Netflix avoided a considerable financial risk. And on the Stock Exchange, Netflix shares responded by leaping. But Pascal Malotti, Strategic Director at Valtech, highlights the opportunity cost of abandoning Warner Bros. When will it be necessary to buy Netflix shares?

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Paramount joins Warner to become the new giant of the American film industry. But the triumph is deceptive: Hollywood has long been subject to new rules. They decide which stories the audience gets to see.

·Zürich, Switzerland
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Neue Zürcher Zeitung broke the news in Zürich, Switzerland on Saturday, March 21, 2026.
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