Acquiring Company
Paramount Skydance
Acquired Company
Warner Bros. Discovery
Description
Paramount Skydance is moving forward with its $111-billion acquisition of Warner Bros. Discovery, with court-ordered settlement talks set for mid-October. The merger would combine iconic assets including HBO, CBS, and CNN under one umbrella. However, the acquisition faces legal challenges from California Attorney General Rob Bonta and others attempting to block the deal. The outcome of the settlement talks could determine the future of this transformative merger.
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Based on deal dataFrequently asked
Who acquired Warner Bros. Discovery?
Warner Bros. Discovery was acquired by Paramount Skydance, based in Pyrmont. The deal was reported on September 17, 2026. Paramount Skydance is a major media and entertainment company that encompasses various media outlets and production studios including CBS and popular cable channels. 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 September 17, 2026. Paramount Skydance is moving forward with its $111-billion acquisition of Warner Bros. Discovery, with court-ordered settlement talks set for mid-October. The merger would combine iconic assets including HBO, CBS, and CNN under one umbrella. 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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