Paramount Pays Netflix $2.8 Billion Breakup Fee, WBD Acquisition Announcement Expected Soon

Netflix confirmed today that it has received the full $2.8 billion breakup fee for its WBD acquisition deal from Paramount — a move many industry observers see as clearing the runway for Paramount Skydance to finalize its acquisition push. According to a new report from Variety, Netflix disclosed in an SEC filing that Paramount Skydance […] The post Paramount Pays Netflix $2.8 Billion Breakup Fee, WBD Acquisition Announcement Expected Soon appeared first on Geeks + Gamers.