Netflix Says Paramount Has Paid $2.8 Billion Breakup Fee for Warner Bros. Discovery Deal

Netflix just got a little richer as a result of letting Warner Bros. Discovery go. On Friday, Netflix announced that Paramount Skydance has now paid the streamer its promised $2.8 billion breakup fee following Paramount’s victory — pending an official vote and subsequent regulatory approval — in their bidding war for WBD. Per an SEC […]

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