Warner Bros. CEO David Zaslav said that the entire process has been about ’maximizing value and certainty for shareholders.’

The Netflix and Warner Bros. Discovery logos, in this illustration created on Dec. 5, 2025. Dado Ruvic/Reuters
Netflix has authorized a seven-day waiver to allow Warner Bros. Discovery to hold talks with Paramount Skydance Corp., the legacy media company said in a statement on Feb. 17.
Warner Bros. currently has a pending transaction with Netflix for its streaming and studio assets.


