Paramount Could Acquire Warner Bros. Discovery Sooner Than Expected. Here’s What That Means for Netflix Investors.

Key Points Paramount just agreed to a settlement that will allow its WBD acquisition to go through. Paramount will have around $80 billion in debt when the deal closes. Netflix will benefit from having one less competitor, and the debt burden and settlement agreement are likely to hold Paramount back. 10 stocks we like better than Netflix › Netflix (NASDAQ:NFLX) once again finds itself on the outside of Hollywood looking in. The Silicon Valley disruptor looked set to take over one of Tinseltown's most prized properties, Warner Bros. Discovery (NASDAQ:WBD) , but a last-minute bidding war made Paramount Skydance (NASDAQ:PSKY) the winner after Netflix bowed out.