Acquiring Company
Paramount
Acquired Company
Warner Bros. Discovery
Description
The Justice Department has filed a statement supporting Paramount's request for a $1.88 billion bond in antitrust litigation concerning its $111 billion merger with Warner Bros. Discovery. Paramount faces a daily penalty if the merger does not close by September 30. The DOJ argues this bond is necessary to protect against unrecoverable losses. The bond hearing is set for September 24.
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Based on deal dataFrequently asked
Who acquired Warner Bros. Discovery?
Warner Bros. Discovery was acquired by Paramount, based in Pyrmont. The deal was reported on September 16, 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 is publicly traded (PSKY) and operates in Media And Entertainment.
When did Paramount acquire Warner Bros. Discovery?
Paramount's acquisition of Warner Bros. Discovery was reported on September 16, 2026. The Justice Department has filed a statement supporting Paramount's request for a $1.88 billion bond in antitrust litigation concerning its $111 billion merger with Warner Bros. Discovery. 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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