Paramount poised to acquire Warner Bros after Netflix drops bid

South China Morning PostCenter-RightEN 1 min read 100% complete by Agence France-PresseFebruary 27, 2026 at 01:35 AM

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Paramount Skydance, led by David Ellison, is set to acquire Warner Bros. Discovery after Netflix withdrew its takeover bid. Netflix stated that matching Paramount's offer was no longer financially viable. The deal will place media properties like CNN, Nickelodeon, and HBO under the control of the Ellison family, headed by Oracle's Larry Ellison. The Warner Bros. board had previously deemed Paramount's offer a "Superior Proposal." The acquisition concludes a major media bidding war, consolidating a vast array of media assets under Paramount Skydance's ownership.

Key Entities & Roles

Key Player Opposition Context

Donald Trump 40% Oracle 50% CNN 60% Nickelodeon 60% HBO 60% Larry Ellison 60% David Ellison ×270% Warner Bros. Discovery 80% Netflix ×490% Paramount Skydance ×390%

Keywords

media acquisition 90% paramount skydance 80% warner bros discovery 80% netflix 70% bidding war 70% takeover offer 60% media properties 50% shareholder value 40%

Sentiment Analysis

Neutral

Score: 0.05

Source Transparency

Source

South China Morning Post

Political Lean

Center-Right (0.50)

Far LeftCenterFar Right

Classification Confidence

90%

This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).

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