Paramount is offering $31 per share, with a "ticking fee" kicking in if the deal doesn't close by the end of September.
Last month Warner Bros. Discovery announced that the streaming service would be coming on March 26th, which happens to be today. Subscriptions start at £4.99 per month in the UK for Basic with Ads.
Netflix just rolled out price increases for all of its streaming plans, with the Premium plan hitting $26.99/month. Here are the details.