Paramount seals a $110 billion mega‑merger to take over Warner Bros

Paramount’s $57.5 Billion of Warner Debt to Mix Junk, High Grade

Paramount Skydance Corp.’s takeover of Warner Bros. Discovery Inc. is expected to feature an unusual combination of investment-grade and junk-rated debt, as Wall Street banks turn to as many markets as possible to raise $57.5 billion of debt for the acquisition.

DW Newsabout 16 hours ago

Paramount to acquire Warner Bros. Discovery in decision which could alter US media and entertainment landscape

Paramount is set to buy Warner Bros. Discovery, the parent company of Warner Bros. movie studio, HBO and CNN.

DW Newsabout 16 hours ago

Paramount and Warner Bros. Discovery unveil megamerger

Paramount is set to buy Warner Bros. Discovery, the parent company of Warner Bros. movie studio, HBO and CNN. The merger represents one of the most significant media consolidations in recent history.

Ars Technicaabout 16 hours ago

Under a Paramount-WBD merger, two struggling media giants would unite

Can two declining companies form a profitable one?

Engadgetabout 17 hours ago

Paramount agrees to buy Warner Bros. Discovery, pays Netflix $2.8 billion for breakup

Paramount Skydance and Warner Bros. Discovery are officially merging. The studio paid Netflix the $2.8 billion termination fee it was owed for breaking its original deal to buy Warner Bros. earlier today, and the historic film studio has now formally accepted Paramount’s offer. Along with the deal, which values Warner Bros. Discovery at $31 per share, Paramount is making several commitments to assuage the fears of regulators and the entertainment community. Those include a guarantee that the new company will produce 30 theatrical films annually, that theatrical releases will have a minimum 45-day window in theaters before they’re brought to video on demand (something Netflix ultimately also agreed to) and that deal itself will close by Q3 2026. This turnaround in Paramount's fortunes has happened quickly. Warner Bros. Discovery announced that Paramount's offer was superior to Netflix's on Thursday, and not long after the streaming service said that it wouldn't provide a counter offer, effectively abandoning its previous agreement. Ultimately, Netflix and Paramount were vying for different parts of Warner Bros. Disocvery. Netflix was primarily interested in Warner Bros. proper, while Paramount Skydance wanted the whole company, cable networks and all. Either deal would need to be approved by regulators, which is the hurdle Paramount and Warner Bros. Discovery face now. The general assumption has been that the close relationship Paramount CEO David Ellison and his billionaire father Larry Ellison have with the Trump administration would smooth over any issues, but the deal will receive scrutiny abroad and likely also at the state level, based on a recent post from California Attorney General Rob Bonta. Paramount Skydance has proven its willingness to comply with President Donald Trump, but delays in closing the deal could be costly. The company is on the hook to pay Warner Bros. Discovery "a daily ticking fee equal to $0.25 per share per quarter beginning after Septem

The Vergeabout 17 hours ago

Warner Bros. Discovery agrees to $110 billion Paramount merger

Warner Bros. Discovery and Paramount Skydance's merger agreement is now official. On Friday, the two companies announced plans to merge into a massive media company that will fold WBD's studio, linear channels, streaming service, and gaming segment into Paramount. Though WBD initially signed onto an $83 billion agreement to merge part of Warner Bros. with Netflix, Paramount persisted with a hostile takeover bid, followed by a series of offers. That persistence paid off, as WBD determined that Paramount's "best and final" offer is "superior" to Netflix's deal. On Thursday, Netflix declined to match Paramount's bid, calling it "no longer fina … Read the full story at The Verge.

Paramount seals a $110 billion mega‑merger to take over Warner Bros

Related Articles

Paramount’s $57.5 Billion of Warner Debt to Mix Junk, High Grade

Paramount to acquire Warner Bros. Discovery in decision which could alter US media and entertainment landscape

Paramount and Warner Bros. Discovery unveil megamerger

Under a Paramount-WBD merger, two struggling media giants would unite

Paramount agrees to buy Warner Bros. Discovery, pays Netflix $2.8 billion for breakup

Warner Bros. Discovery agrees to $110 billion Paramount merger

Paramount seals a $110 billion mega‑merger to take over Warner Bros

Related Articles

Paramount’s $57.5 Billion of Warner Debt to Mix Junk, High Grade

Paramount to acquire Warner Bros. Discovery in decision which could alter US media and entertainment landscape

Paramount and Warner Bros. Discovery unveil megamerger

Under a Paramount-WBD merger, two struggling media giants would unite

Paramount agrees to buy Warner Bros. Discovery, pays Netflix $2.8 billion for breakup

Warner Bros. Discovery agrees to $110 billion Paramount merger

Related Articles

Bloombergabout 15 hours ago
Paramount’s $57.5 Billion of Warner Debt to Mix Junk, High Grade
Paramount Skydance Corp.’s takeover of Warner Bros. Discovery Inc. is expected to feature an unusual combination of investment-grade and junk-rated debt, as Wall Street banks turn to as many markets as possible to raise $57.5 billion of debt for the acquisition.

DW Newsabout 16 hours ago
Paramount to acquire Warner Bros. Discovery in decision which could alter US media and entertainment landscape
Paramount is set to buy Warner Bros. Discovery, the parent company of Warner Bros. movie studio, HBO and CNN.

DW Newsabout 16 hours ago
Paramount and Warner Bros. Discovery unveil megamerger
Paramount is set to buy Warner Bros. Discovery, the parent company of Warner Bros. movie studio, HBO and CNN. The merger represents one of the most significant media consolidations in recent history.

Ars Technicaabout 16 hours ago
Under a Paramount-WBD merger, two struggling media giants would unite
Can two declining companies form a profitable one?

Engadgetabout 17 hours ago
Paramount agrees to buy Warner Bros. Discovery, pays Netflix $2.8 billion for breakup
Paramount Skydance and Warner Bros. Discovery are officially merging. The studio paid Netflix the $2.8 billion termination fee it was owed for breaking its original deal to buy Warner Bros. earlier today, and the historic film studio has now formally accepted Paramount’s offer. Along with the deal, which values Warner Bros. Discovery at $31 per share, Paramount is making several commitments to assuage the fears of regulators and the entertainment community. Those include a guarantee that the new company will produce 30 theatrical films annually, that theatrical releases will have a minimum 45-day window in theaters before they’re brought to video on demand (something Netflix ultimately also agreed to) and that deal itself will close by Q3 2026. This turnaround in Paramount's fortunes has happened quickly. Warner Bros. Discovery announced that Paramount's offer was superior to Netflix's on Thursday, and not long after the streaming service said that it wouldn't provide a counter offer, effectively abandoning its previous agreement. Ultimately, Netflix and Paramount were vying for different parts of Warner Bros. Disocvery. Netflix was primarily interested in Warner Bros. proper, while Paramount Skydance wanted the whole company, cable networks and all. Either deal would need to be approved by regulators, which is the hurdle Paramount and Warner Bros. Discovery face now. The general assumption has been that the close relationship Paramount CEO David Ellison and his billionaire father Larry Ellison have with the Trump administration would smooth over any issues, but the deal will receive scrutiny abroad and likely also at the state level, based on a recent post from California Attorney General Rob Bonta. Paramount Skydance has proven its willingness to comply with President Donald Trump, but delays in closing the deal could be costly. The company is on the hook to pay Warner Bros. Discovery "a daily ticking fee equal to $0.25 per share per quarter beginning after Septem

The Vergeabout 17 hours ago
Warner Bros. Discovery agrees to $110 billion Paramount merger
Warner Bros. Discovery and Paramount Skydance's merger agreement is now official. On Friday, the two companies announced plans to merge into a massive media company that will fold WBD's studio, linear channels, streaming service, and gaming segment into Paramount. Though WBD initially signed onto an $83 billion agreement to merge part of Warner Bros. with Netflix, Paramount persisted with a hostile takeover bid, followed by a series of offers. That persistence paid off, as WBD determined that Paramount's "best and final" offer is "superior" to Netflix's deal. On Thursday, Netflix declined to match Paramount's bid, calling it "no longer fina … Read the full story at The Verge.