K&C Sports & Entertainment Law Weekly Roundup - March 2026

Paramount Skydance Corp. raised its offer to buy Warner Bros. Discovery Inc., leading to Netflix Inc. dropping out of the dramatic competition for the legendary Hollywood studio. Netflix Backs Out of Warner bros. Deal, Paramount Poised to Win Paramount Skydance and Warner Bros. Discovery have since reached a definitive agreement under which Paramount will acquire WBD, in a deal valuing WBD at $81 billion in equity and $110 billion in enterprise value.... By: Kaufman & Canoles