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Warner Bros. acquires Paramount for $111 billion

PUBLIC · WBDOct 01, 2026

Acquiring Company

Warner Bros

Acquired Company

New Paramount

BurbankPyrmontMedia And EntertainmentFilmFilm ProductionMedia And EntertainmentMusicFilmFilm Production

Description

Warner Bros. has announced its acquisition of Paramount for $111 billion. The deal promises $6 billion in efficiencies as both companies merge to adapt to the evolving entertainment landscape. The acquisition reflects ongoing changes and challenges within Hollywood, as job cuts continue to impact the industry. Executives are encouraged to support affected employees during this transition.

Company Information

Company

Warner Bros

Location

Burbank, California, United States

About

Warner Brothers Discovery is a major entertainment company formed from the merger of WarnerMedia and Discovery, Inc. It includes iconic brands like DC, HBO, and a range of popular television channels. The company focuses on producing and distributing television content and films. Warner Brothers Discovery operates several streaming platforms, including HBO Max.

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Frequently asked

Who acquired New Paramount?

New Paramount was acquired by Warner Bros, based in Burbank. The deal was reported on October 1, 2026. Warner Brothers Discovery is a major entertainment company formed from the merger of WarnerMedia and Discovery, Inc. It includes iconic brands like DC, HBO, and a range of popular television channels. Warner Bros is publicly traded (WBD) and operates in Media And Entertainment.

When did Warner Bros acquire New Paramount?

Warner Bros's acquisition of New Paramount was reported on October 1, 2026. Warner Bros. has announced its acquisition of Paramount for $111 billion. The deal promises $6 billion in efficiencies as both companies merge to adapt to the evolving entertainment landscape. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does New Paramount do?

Paramount is a leading, next-generation global media and entertainment company. It is comprised of three business segments: Studios, Direct-to-Consumer, and TV Media. It is publicly traded (PSKY), operating in Media And Entertainment, and is based in Pyrmont.

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