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IP Surveillance

IP Surveillance #20: The Paramount-WBD Leviathan

Netflix walks away. Paramount wins. The merger that changes everything — plus Tayari Jones, a Trotsky thriller, and a video game franchise finally going live-action.

Bradley Hope
Bradley Hope
February 27, 2026 · 5 min read
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IP Surveillance #20: The Paramount-WBD Leviathan
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This week, the ground beneath Hollywood shifted. After a months-long bidding war, Netflix has walked away from Warner Bros. Discovery, leaving Paramount Skydance to claim the prize. The resulting media leviathan — a combined Paramount, Warner Bros., HBO, CNN, and DC, all under one roof — will fundamentally reshape the IP acquisition landscape for years to come. For creators and rights holders, the game has changed overnight. This edition: the fallout from the deal, two Priority One literary novels from master authors, a true crime podcast with a killer hook, and the video game franchise finally making the leap to the big screen.

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