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acquisitionAnnounced · Feb 28, 2026EntertainmentSource · Unverified ReportsArticle · 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
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Deal value
$108.4B
Target
Warner Bros. Discovery
Warner Bros. Discovery
NASDAQ: WBD · New York City, New York
Acquirer
Paramount
Paramount
Full Acquisition
Status
Proposed

Paramount agreed to acquire Warner Bros. Discovery. Reported deal value: $108.4B. Status: Proposed. Sector: Entertainment. Target headquarters context: New York City, New York, United States.

This page summarizes publicly available information about the transaction as of 2026-02-28. Figures and status may change as filings and press coverage update.

Mean for Viewers Like You? Hollywood consolidation wave just delivered its biggest twist yet: Paramount Skydance has agreed to acquire Warner Bros Discovery in a $ 110 billion deal expected to close in the third quarter of 2026

Deal timeline

Announced
Feb 28, 2026 · decider.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 $108.4B. Figures and status may change as sources update.

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