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Paramount Skydance to acquire WBD by October 2026

PUBLIC · PSKYSep 28, 2026

Acquiring Company

Paramount Pictures Corporation

Acquired Company

WBD

PyrmontBurbankMedia And EntertainmentMusicFilmFilm ProductionMedia And EntertainmentMusicDigital Entertainment

Description

Paramount Skydance Corporation has extended the deadlines for its tender and exchange offers related to the acquisition of WBD. The new expiration date is set for October 6, 2026, aligning with the expected closing of the acquisition. As of now, approximately 67.33% and 74.88% of notes have been tendered in support of this acquisition.

Company Information

Company

Paramount Pictures Corporation

Location

Pyrmont, New South Wales, Australia

About

Paramount Pictures is a major American film studio that is a subsidiary of ViacomCBS. Founded in 1912, it is known for its iconic films and television shows, influencing the entertainment industry. The studio has produced notable franchises like Transformers and Mission: Impossible. Paramount is committed to delivering high-quality entertainment experiences to audiences worldwide.

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Frequently asked

Who acquired WBD?

WBD was acquired by Paramount Pictures Corporation, based in Pyrmont. The deal was reported on September 28, 2026. Paramount Pictures is a major American film studio that is a subsidiary of ViacomCBS. Founded in 1912, it is known for its iconic films and television shows, influencing the entertainment industry. Paramount Pictures Corporation is publicly traded (PSKY) and operates in Media And Entertainment.

When did Paramount Pictures Corporation acquire WBD?

Paramount Pictures Corporation's acquisition of WBD was reported on September 28, 2026. Paramount Skydance Corporation has extended the deadlines for its tender and exchange offers related to the acquisition of WBD. The new expiration date is set for October 6, 2026, aligning with the expected closing of the acquisition. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does WBD do?

WBD, short for Warner Bros. Discovery, Inc., is a major media and entertainment company. It was formed through the merger of WarnerMedia and Discovery, Inc. and offers a wide range of content across various platforms. It is privately held, operating in Media And Entertainment, and is based in Burbank.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.