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Paramount to acquire Warner Bros. Discovery finalized

PUBLIC · PSKYOct 01, 2026

Acquiring Company

Paramount Skydance

Acquired Company

Warner Bros. Discovery

WashingtonNew YorkMedia And EntertainmentMusicFilmFilm ProductionMedia And EntertainmentPublishingFilmFilm ProductionEntertainment Providersentertainment

Description

Paramount Skydance is set to acquire Warner Bros. Discovery following a federal judge's approval of an antitrust settlement. The proposed $111 billion merger clears major legal hurdles, allowing Paramount to finalize the deal expected on October 6. This merger will significantly reshape the media landscape by combining major film, television, streaming, and news properties under one umbrella.

Company Information

Company

Paramount Skydance

Location

Washington, United States

About

Paramount Skydance Corp. is a media and entertainment company primarily engaged in the production and distribution of films and television shows. The company is known for its innovative storytelling and visual effects. Paramount Skydance is involved in various entertainment ventures and seeks to expand its market presence through strategic acquisitions.

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Frequently asked

Who acquired Warner Bros. Discovery?

Warner Bros. Discovery was acquired by Paramount Skydance, based in Washington. The deal was reported on October 1, 2026. Paramount Skydance Corp. is a media and entertainment company primarily engaged in the production and distribution of films and television shows. The company is known for its innovative storytelling and visual effects. Paramount Skydance is publicly traded (PSKY) and operates in Media And Entertainment.

When did Paramount Skydance acquire Warner Bros. Discovery?

Paramount Skydance's acquisition of Warner Bros. Discovery was reported on October 1, 2026. Paramount Skydance is set to acquire Warner Bros. Discovery following a federal judge's approval of an antitrust settlement. The proposed $111 billion merger clears major legal hurdles, allowing Paramount to finalize the deal expected on October 6. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Warner Bros. Discovery do?

Warner Bros. Discovery, a premier global media and entertainment company, offers audiences the world’s most differentiated and complete portfolio of content, brands and franchises across television, film, streaming and gaming. It is publicly traded (WBD), operating in Media And Entertainment, and is based in New York.

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