May. 7 at 4:03 AM
$WBD hey why the double whammy when
$PSKY paid
$NFLX the break up fee why did wbd get the loss on paper. Seems like fucked up accounting. Paramount Skydance took the financial hit by paying a
$2.8 billion breakup fee to Netflix after Warner Bros. Discovery (WBD) walked away from its merger deal with the streaming giant, according to reports in February and May 2026.
https://finance.yahoo.com/news/paramount-pays-2-8-billion-204249878.html