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mergerAnnounced · Apr 26, 2026EntertainmentSource · SpeculativeArticle · Factual
Warner Bros. Discovery
Paramount
Warner Bros. Discovery · Paramount

Paramount merges with Warner Bros. Discovery

David Najork
David Najork · Founding Software Engineer
Published · Updated · 1 min read
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Deal value
$900M
Party A
Warner Bros. Discovery
Warner Bros. Discovery
NASDAQ: WBD · New York City, New York
Party B
Paramount
Paramount
Pending
Status
Pending

Paramount and Warner Bros. Discovery are pursuing a merger. Reported scale / consideration: $900M. 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 2026-04-26. Figures and status may change as filings and press coverage update.

Discovery shareholders have signed off on Paramount massive takeover—but they drew a clear line when it came to executive payouts

Deal timeline

Announced
Apr 26, 2026 · complex.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 $900M. Figures and status may change as sources update.

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