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Paramount Skydance completes $110B Warner Bros acquisition

PRIVATEOct 06, 2026

Acquiring Company

Paramount Skydance

Acquired Company

Warner Bros. Discovery

Los AngelesNew YorkMedia And EntertainmentDigital MediaMedia And EntertainmentPublishingFilmFilm ProductionEntertainment Providersentertainment

Description

Paramount Skydance has finalized its $110 billion acquisition of Warner Bros Discovery, resulting in a major media merger. This union forms one of the largest entertainment companies, combining multiple studios and networks. CEO David Ellison aims to create a next-generation media powerhouse to rival industry leaders. The merger clears significant legal hurdles and reinforces the consolidation of pivotal Hollywood brands.

Company Information

Company

Paramount Skydance

Location

Los Angeles, California, United States

About

Paramount Skydance is a major entertainment conglomerate resulting from the merger of Paramount and Warner Bros Discovery. It aims to build a next-generation media company powered by creativity and technology. The company encompasses various studios and networks including CBS, CNN, and HBO Max. Its mission is to compete with the largest players in the media industry.

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Frequently asked

Who acquired Warner Bros. Discovery?

Warner Bros. Discovery was acquired by Paramount Skydance, based in Los Angeles. The deal was reported on October 6, 2026. Paramount Skydance is a major entertainment conglomerate resulting from the merger of Paramount and Warner Bros Discovery. It aims to build a next-generation media company powered by creativity and technology. Paramount Skydance is privately held 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 6, 2026. Paramount Skydance has finalized its $110 billion acquisition of Warner Bros Discovery, resulting in a major media merger. This union forms one of the largest entertainment companies, combining multiple studios and networks. 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.

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.