Live Feeds
● LIVE Updated 1d ago · 18 sources tracked

Paramount-Warner Bros. Discovery Merger Inches Closer to a Done Deal

Paramount Skydance reached a definitive agreement to acquire Warner Bros. Discovery for $110.9 billion. Regulators in more than a dozen countries have approved the deal, and European Union clearance is expected. However, potential legal challenges in the U.S. and regulatory hurdles in the U.K. remain.

RSS Source map (17)

What changed

The deal is nearing European Union approval with Paramount offering concessions on film distribution.

Live updates

  1. Paramount Skydance Moves Toward Closing Warner Bros. Discovery Acquisition

    Paramount Skydance reached a definitive agreement to acquire Warner Bros. Discovery for $110.9 billion. Regulators in more than a dozen countries have approved the deal, and European Union clearance is expected. However, potential legal challenges in the U.S. and regulatory hurdles in the U.K. remain.

    What's confirmed:

    • Paramount Skydance announced a definitive agreement on February 27, 2026, to acquire Warner Bros. Discovery for $110.9 billion at $31 per share in cash.
    • Paramount began submitting unsolicited offers to acquire Warner Bros. on September 12, 2025.
    • The Warner Bros. Discovery board placed the company up for auction on October 21, 2025.
    • Regulators in over a dozen countries have signed off on the deal.
    • European Union regulators are likely to approve the merger.

    Still unconfirmed:

    • Paramount is ready to sell its Universal Pictures joint venture to facilitate the deal.
    • Paramount Skydance expects attorneys general from New York and California to sue to block the merger.
    • CNN editor-in-chief Mark Thompson told Paramount officials he would not share oversight of CNN with another executive.
    • A regulatory hurdle may emerge in the U.K.
    confidence 85%