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Paramount Skydance set to acquire Warner Bros. Discovery

PUBLIC · PSKYSep 24, 2026about 3 hours ago

Acquiring Company

Paramount Skydance

Acquired Company

Warner Bros. Discovery

PyrmontNew YorkMedia And EntertainmentMusicFilmFilm ProductionMedia And EntertainmentPublishingFilmFilm ProductionEntertainment Providersentertainment

Description

Paramount Skydance has advanced toward acquiring Warner Bros. Discovery following a legal settlement with 12 US states. This USD 110 billion acquisition has cleared a significant regulatory hurdle, allowing for continued progress. However, delays beyond September 30, 2026, could incur substantial fees. The transaction is crucial for Paramount Skydance amid fluctuating revenue performance.

Company Information

Company

Paramount Skydance

Location

Pyrmont, New South Wales, Australia

About

Paramount Skydance is a major media and entertainment company that encompasses various media outlets and production studios including CBS and popular cable channels. The company focuses on film, television, and digital content production and distribution. It aims to deliver compelling storytelling to audiences globally. Paramount Skydance was formed through the merger of Paramount Pictures and Skydance Media.

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Frequently asked

Who acquired Warner Bros. Discovery?

Warner Bros. Discovery was acquired by Paramount Skydance, based in Pyrmont. The deal was reported on September 24, 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 24, 2026. Paramount Skydance has advanced toward acquiring Warner Bros. Discovery following a legal settlement with 12 US states. This USD 110 billion acquisition has cleared a significant regulatory hurdle, allowing for continued progress. 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 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.