Netflix's Offer and Paramount's Persistence

After a months-long bidding war, Paramount Skydance has secured a deal to acquire Warner Bros. Discovery, snatching the media giant away from Netflix. WSJ’s Joe Flint breaks down how Paramount CEO David Ellison pulled off the $81 billion takeover and what this debt-heavy merger means for the future of entertainment and news. Jessica Mendoza hosts.

Further Listening:

- The Man Who Wants Netflix to Save Hollywood 

- She Swore Off Legacy Media. Now She's Running CBS News.

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit megaphone.fm/adchoices