Paramount-Warner Bros. Discovery merger review

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Overview

Description Paramount’s acquisition of Warner Bros. Discovery has moved from review and financing into Skydance’s integration and balance-sheet phase. Overview Paramount settled with state attorneys general and secured court approval, removing major antitrust barriers. It arranged a roughly $52 billion financing package, closed…

Possible scenarios

For information only. Not investment advice.

Stories in this saga

19 stories, 43 sources

Sep 20, 2026
Paramount Skydance, Warner Bros. Shares Gain on WSJ Report of California Settlement Talks
Sep 21, 2026

Paramount Settles With 12 States to End Block on $110 Billion Warner Bros. Merger

Paramount Retains Cable Channels in Settlement Clearing $110 Billion Warner Bros. Merger29 days ago
Paramount Offers $1.5 Billion California Investment to Clear $81 Billion Warner Bros. Merger30 days ago
Paramount Pledges $1.5 Billion Investment to Clear Warner Bros. Discovery Acquisition30 days ago

Sep 23, 2026

Paramount Courts Elon Musk for Investor Syndicate to Fund Warner Bros. Discovery Deal

FCC Grants Gulf Fund Ownership in Paramount $111 Billion Warner Bros. Buyout32 days ago

Sep 28, 2026

Paramount Skydance Issues $44.4B in Bonds for Warner Bros Discovery Buy

Paramount Pursues Elon Musk for Equity Injection to Fund WBD Merger27 days ago

Sep 30, 2026

Communications Services Fall Slightly

Paramount Warner Bros Discovery Poaches Mattel CEO Ynon Kriez for Top Role20 days ago
David Ellison Names Casey Bloys Streaming Chief for Combined Paramount Warner21 days ago

Sep 30, 2026

Mattel Names Roger Lynch CEO

Mattel Names Roger Lynch CEO After Barbie Sales Slump20 days ago
Mattel Appoints Roger Lynch CEO Replacing Ynon Kreiz21 days ago

Oct 2, 2026

David Ellison Renames Combined Paramount-Warner as Skydance

Paramount and Warner Bros Merge as Skydance in $110B Deal19 days ago
Judge Clears Final Barrier to $110B Paramount Acquisition of Warner Bros Discovery20 days ago

Oct 4, 2026

Mark Thompson Negotiates CNN Role on Paramount Lot

Ellison Asks Mark Thompson to Stay CNN CEO After Paramount Warner Deal20 days ago
David Ellison Retains Mark Thompson to End CNN Leadership Speculation17 days ago

Oct 5, 2026

Mattel's Ynon Kreiz Named Co-CEO at Paramount-Warner

Ellison Names Management Team to Lead $110B Paramount-WBD Merger16 days ago
Paramount Finalizes Merger With Warner Bros Discovery Next Week20 days ago
Paramount Warner Bros Discovery Names Ynon Kreiz Co CEO20 days ago
Ellison and Kreiz Name Leadership Team for Skydance Before Oct 6 Close16 days ago

Oct 6, 2026

Paramount Completes Warner Bros Discovery Deal to Form Skydance

Supreme Court Denies Emergency Bid to Block Paramount-Skydance Merger15 days ago

Oct 6, 2026

Paramount Prices $41.4B in Notes for Warner Bros Acquisition

Paramount Launches $44.4B Bond Sale for Warner Bros Discovery Deal22 days ago
Paramount's $41B Warner Bros Bonds Slump in Debut Trading20 days ago
Paramount Attracts $109B Demand for 5th Largest US High Grade Bond Sale21 days ago
Paramount Launches $52B Debt Package with 5th Largest US Bond Sale21 days ago
Fitch Downgrades Paramount-Skydance Following $52B Debt Slump15 days ago
Paramount Junk Bonds Plunge to 77 Cents After Fitch Downgrade14 days ago

Oct 6, 2026