Live
ACQ
Alora Healthcare Systems
Alora Healthcare Systems→LivTech$300B4dACQ
Warner Bros. Discovery
Warner Bros. Discovery→Paramount Skydance$60B5dACQ
Cursor
Cursor→SpaceX$60B7dACQ
Frontier Communications
Frontier Communications→Verizon$20B6dACQ
Organon & Co.
Organon & Co.→Sun Pharmaceutical Industries$12.5B2dMER
Ascend Federal Credit Union
Ascend Federal Credit Union+LGE Community Credit Union$7B1dMER
Paramount Skydance
Paramount Skydance+Warner Bros. Discovery$110B5dMER
Orient Securities
Orient Securities+Shanghai Securities$86B9dACQ
Norfolk Southern
Norfolk Southern→Union Pacific$85B5dACQ
Kenvue
Kenvue→Kimberly-Clark$48.7B9dSRS
Anthropic
Anthropic$40B2dSRS
Anthropic
Anthropic$40B3dSRS
Anthropic
Anthropic$40B4dACQ
ARC Resources Ltd.
ARC Resources Ltd.→Shell plc$22B1dMER
Delta Air Lines
Delta Air Lines+Northwest Airlines$17B1dACQ
Alora Healthcare Systems
Alora Healthcare Systems→LivTech$300B4dACQ
Warner Bros. Discovery
Warner Bros. Discovery→Paramount Skydance$60B5dACQ
Cursor
Cursor→SpaceX$60B7dACQ
Frontier Communications
Frontier Communications→Verizon$20B6dACQ
Organon & Co.
Organon & Co.→Sun Pharmaceutical Industries$12.5B2dMER
Ascend Federal Credit Union
Ascend Federal Credit Union+LGE Community Credit Union$7B1dMER
Paramount Skydance
Paramount Skydance+Warner Bros. Discovery$110B5dMER
Orient Securities
Orient Securities+Shanghai Securities$86B9dACQ
Norfolk Southern
Norfolk Southern→Union Pacific$85B5dACQ
Kenvue
Kenvue→Kimberly-Clark$48.7B9dSRS
Anthropic
Anthropic$40B2dSRS
Anthropic
Anthropic$40B3dSRS
Anthropic
Anthropic$40B4dACQ
ARC Resources Ltd.
ARC Resources Ltd.→Shell plc$22B1dMER
Delta Air Lines
Delta Air Lines+Northwest Airlines$17B1d
Home·Deals·Entertainment·Paramount acquires Warner Bros. Discovery
SEO URLwww.firestrike.ai/deals/warner-bros-discovery-paramount-acquisition-2026-25
acquisitionAnnounced · Jan 7, 2026EntertainmentSource · CredibleArticle · Factual
Warner Bros. Discovery
Paramount
Warner Bros. Discovery · Paramount

Paramount acquires Warner Bros. Discovery

David Najork
David Najork · Founding Software Engineer
Published · Updated · 1 min read
ShareXLinkedInEmail
Deal value
$60B
Target
Warner Bros. Discovery
Warner Bros. Discovery
NASDAQ: WBD · New York City, New York
Acquirer
Paramount
Paramount
Full Acquisition
Status
Pending

Paramount agreed to acquire Warner Bros. Discovery. Reported deal value: $60B. Status: Pending. Sector: Entertainment. Target headquarters context: New York City, New York, United States.

This page summarizes publicly available information about the transaction as of 2026-01-07. Figures and status may change as filings and press coverage update.

Paramount and Netflix have been vying to win control of Warner Bros . , and with it, its prized film and television studios and its extensive content library

Deal timeline

Announced
Jan 7, 2026 · usatoday.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in Entertainment with a reported deal value of $60B. Figures and status may change as sources update.

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