Netflix Getty Things in media M&A land continue to move fast with Netflix revealing Friday afternoon that it is $2.8 billion richer after receiving the fresh cash from Paramount. The David Ellison company's "superior proposal" for Warner Bros Discovery, which was accepted by the WBD board, included paying out the termination fee if WBD walked away from its Netflix deal. The giant streamer said WBD also informed it that their merger agreement is officially dead. Related Stories News Netflix Walks With A Cool $2.