## Paramount Seals $111B Warner Bros Discovery Deal After Netflix Withdrawal
Intelligence sources reveal that Warner Bros. Discovery has accepted Paramount $111 billion acquisition offer, terminating negotiations with Netflix, which had proposed $82.7 billion. The deal, orchestrated by David Ellison and backed by Oracle chairman Larry Ellison, represents the largest media consolidation in Hollywood history.
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- **Source**: 
- **Sector**: The Stage
- **Tags**: mergers, entertainment, paramount, netflix, hollywood
- **Credibility**: unverified
- **Published**: 2026-03-01 10:09:49
- **ID**: 1390
- **URL**: https://whisperx.ai/en/intel/1390