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Warner Bros. Discovery Agrees to Engage With Paramount in Sales Talks, but for Now Still Backs Netflix Deal as It Sets March 20 Shareholder Vote

By Todd Spangler Feb 17, 2026 | 6:02 AM

Warner Bros. Discovery has a number of questions for David Ellison, but the crucial one is this: Will his Paramount Skydance hoist its bid for WBD to over $31 per share? The M&A jousting over Warner Bros. is entering its final rounds. On Tuesday, Warner Bros. Discovery said its board — after rebuffing multiple overtures […]