+15.9% (FY ended 2025-12-31 vs FY ended 2024-12-31) 10-K
Annual net income
10,981,201,000 USD (FY ended 2025-12-31, attributable to the company) 10-K
Annual operating margin
29.5% (FY ended 2025-12-31)
Forward P/E
Unavailable: no dated forecast source
Gloria daily close for session Oct 28, 2026. Market cap and trailing P/E use this close with the SEC share total and trailing diluted earnings, each dated next to its figure. Annual revenue, revenue growth, net income and margin show their own fiscal period and link the 10-K. Current context may postdate this article.
Paramount Skydance has agreed to acquire Warner Bros Discovery in a $110 billion deal signed Friday morning, capping a high-profile bidding battle that drew in Netflix.
According to an internal townhall reviewed by Reuters, Warner Bros executives confirmed that Netflix had the legal right to match Paramount Skydance’s offer but ultimately declined. That decision cleared the way for a signed agreement with PSKY.
Paramount Skydance shares surged nearly 20% on the news, while Netflix climbed 13% as investors welcomed its decision to withdraw from the takeover race.
Paramount’s latest bid of $31 per share was deemed superior to Netflix’s $27.75 per share proposal for Warner’s studio and streaming assets. The revised offer included stronger deal protections, with Paramount raising its regulatory termination fee to $7 billion from $5.8 billion and agreeing to cover Warner’s $2.8 billion breakup fee owed to Netflix.
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The transaction, which includes roughly $29 billion in debt, ranks among the largest media deals in recent years and will combine major film and streaming assets under one umbrella.
Paramount gains access to Warner’s intellectual property portfolio, including franchises such as Fantastic Beasts and The Matrix, while potentially strengthening its streaming position through a combination of HBO Max and Paramount+.
Regulatory review remains in focus. European Union antitrust approval is expected to be manageable, though California’s attorney general has launched an investigation into the transaction.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
