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Warner Bros. Discovery Lost $2.9 Billion in March Quarter — But That’s Mostly the Netflix Breakup Fee

Here's what you're getting, Paramount.

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https://www.thewrap.com/industry-news/deals-ma/paramount-pays-netflix-warner-bros-breakup-fee/

Paramount Pays Netflix $2.8 Billion Breakup Fee After Warner Bros. Deal Win - TheWrap

https://www.thewrap.com/industry-news/deals-ma/paramount-pays-netflix-warner-bros-breakup-fee/
https://www.theverge.com/entertainment/925575/warner-bros-discovery-posted-a-2-9-billion-loss-this-quarter

Warner Bros. Discovery posted a $2.9 billion loss this quarter. | The Verge

https://www.theverge.com/entertainment/925575/warner-bros-discovery-posted-a-2-9-billion-loss-this-quarter
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Paramount Sweetens Warner Bros. Discovery Bid, Offers to Pay $2.8 Billion Netflix Termination Fee

https://www.thewrap.com/industry-news/deals-ma/paramount-warner-bros-discovery-hostile-bid-ticking-fee/
https://www.thewrap.com/industry-news/business/warner-bros-discovery-streaming-profits-rise-29-as-subscribers-top-140-million/

Warner Bros. Discovery Streaming Profits Rise 29% as Subscribers Top 140 Million - TheWrap

https://www.thewrap.com/industry-news/business/warner-bros-discovery-streaming-profits-rise-29-as-subscribers-top-140-million/
https://www.latimes.com/entertainment-arts/business/story/2026-05-06/warner-discovery-posts-2-point-9-billion-quarterly-loss-paramount-merger

Merger costs add up as Warner Bros. Discovery posts $2.9-billion quarterly loss - Los Angeles Times

https://www.latimes.com/entertainment-arts/business/story/2026-05-06/warner-discovery-posts-2-point-9-billion-quarterly-loss-paramount-merger
https://www.businessinsider.com/what-smart-people-saying-paramount-wbd-win-netflix-deal-2026-2

Here's what smart people are saying about Paramount winning the Warner Bros. Discovery deal

https://www.businessinsider.com/what-smart-people-saying-paramount-wbd-win-netflix-deal-2026-2