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Paramount and WBD merger confirmed; Ynon Kreiz co-CEO

PUBLIC · PSKYOct 01, 2026

Acquiring Company

Paramount a Skydance Corporation

Acquired Company

Warner Bros Discovery (WBD)

PyrmontNew YorkMedia And EntertainmentMusicFilmFilm ProductionMedia And EntertainmentMusicNews

Description

Paramount is moving forward with its merger with Warner Bros Discovery after receiving judicial approval. The merger will create one of the largest media companies by uniting several well-known brands and platforms. The finalization of the merger is expected on October 6th, with Ynon Kreiz appointed as co-CEO of the new entity.

Company Information

Company

Paramount a Skydance Corporation

Location

Pyrmont, New South Wales, Australia

About

Paramount is a leading, next-generation global media and entertainment company. It is comprised of three business segments: Studios, Direct-to-Consumer, and TV Media. The company's portfolio includes legendary brands like Paramount Pictures, CBS, and Nickelodeon, providing a diverse range of entertainment options.

Fundz sees it the moment Paramount a Skydance Corporation makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Warner Bros Discovery (WBD)?

Warner Bros Discovery (WBD) was acquired by Paramount a Skydance Corporation, based in Pyrmont. The deal was reported on October 1, 2026. Paramount is a leading, next-generation global media and entertainment company. It is comprised of three business segments: Studios, Direct-to-Consumer, and TV Media. Paramount a Skydance Corporation is publicly traded (PSKY) and operates in Media And Entertainment.

When did Paramount a Skydance Corporation acquire Warner Bros Discovery (WBD)?

Paramount a Skydance Corporation's acquisition of Warner Bros Discovery (WBD) was reported on October 1, 2026. Paramount is moving forward with its merger with Warner Bros Discovery after receiving judicial approval. The merger will create one of the largest media companies by uniting several well-known brands and platforms. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Warner Bros Discovery (WBD) do?

Warner Bros Discovery is a leading global media and entertainment company, formed through the merger of WarnerMedia and Discovery, Inc. It operates numerous cable and streaming platforms, delivering a vast array of content across genres. It is privately held, 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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