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Home·Deals·Media·Paramount Skydance Corporation acquires Warner Bros. Discovery
Paramount Skydance Corporation acquires Warner Bros. Discovery (2026)
SEO URLwww.firestrike.ai/deals/warner-bros-discovery-paramount-skydance-corporation-acquisition-2026-1
acquisitionAnnounced · Mar 3, 2026MediaSource · Unverified ReportsArticle · Factual
Warner Bros. Discovery
Paramount Skydance Corporation
Warner Bros. Discovery · Paramount Skydance Corporation

Paramount Skydance Corporation acquires Warner Bros. Discovery

David Najork
David Najork · Founding Software Engineer
Published · Updated · 1 min read
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Deal value
$5B
Target
Warner Bros. Discovery
Warner Bros. Discovery
NASDAQ: WBD · New York City, New York
Acquirer
Paramount Skydance Corporation
Paramount Skydance Corporation
Full Acquisition
Status
Pending

Paramount Skydance Corporation agreed to acquire Warner Bros. Discovery. Reported deal value: $5B. Status: Pending. Sector: Media. Target headquarters context: New York City, New York, United States.

This page summarizes publicly available information about the transaction as of 2026-03-03. Figures and status may change as filings and press coverage update.

Discovery Acquisition Latham & Watkins is advising Paramount Skydance Corporation on the debt financing for its acquisition of Warner Bros

Deal timeline

Announced
Mar 3, 2026 · legaldesire.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 $5B. Figures and status may change as sources update.

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