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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·Media·Paramount Global acquires Warner Bros. Discovery
Paramount Global acquires Warner Bros. Discovery (2026)
SEO URLwww.firestrike.ai/deals/warner-bros-discovery-paramount-global-acquisition-2026-1
acquisitionAnnounced · Jan 24, 2026MediaSource · Community DiscussionsArticle · Expectations
Warner Bros. Discovery
Paramount Global
Warner Bros. Discovery · Paramount Global

Paramount Global acquires Warner Bros. Discovery

David Najork
David Najork · Founding Software Engineer
Published · Updated · 1 min read
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Deal value
$49B
Target
Warner Bros. Discovery
Warner Bros. Discovery
NASDAQ: WBD · New York City, New York
Acquirer
Paramount Global
Paramount Global
Merger
Status
Declined

Paramount Global agreed to acquire Warner Bros. Discovery. Reported deal value: $49B. Status: Declined. Sector: Media. Target headquarters context: New York City, New York, United States.

This page summarizes publicly available information about the transaction as of 2026-01-24. Figures and status may change as filings and press coverage update.

Discovery studios and streaming businesses will be, have been, or are being acquired by or merged with Paramount Global by June 30 , 2026, 11:59 PM ET

Deal timeline

Announced
Jan 24, 2026 · polymarket.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in Media with a reported deal value of $49B. Figures and status may change as sources update.

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