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Warner Bros. Discovery merges with Paramount Network (2026)
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mergerAnnounced · Apr 23, 2026StreamingSource · CredibleArticle · Factual
Paramount Network
Warner Bros. Discovery
Paramount Network · Warner Bros. Discovery

Warner Bros. Discovery merges with Paramount Network

David Najork
David Najork · Founding Software Engineer
Published · Updated · 1 min read
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Deal value
$110B
Party A
Paramount Network
Paramount Network
New York City, New York
Party B
Warner Bros. Discovery
Warner Bros. Discovery
Pending
Status
Pending

Warner Bros. Discovery and Paramount Network are pursuing a merger. Reported scale / consideration: $110B. Status: Pending. Sector: Streaming. Target headquarters context: New York City, New York, United States.

This page summarizes publicly available information about the transaction as of 2026-04-23. Figures and status may change as filings and press coverage update.

Discovery shareholders vote down an extraordinary payout for David Zaslav, even as they approved the merger with Paramount that will trigger the windfall of up to $886 million for the CEO if and when it closes

Deal timeline

Announced
Apr 23, 2026 · deadline.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in Streaming with a reported deal value of $110B. Figures and status may change as sources update.

Sources: deadline.com · Primary article · FireStrike proprietary index