Who will close Warner Bros. acquisition?

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This hub tracks 15 outcomes of this event, with the news signals that move them.

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Each outcome shows its current market price — the market-implied probability it happens. Click an outcome for its full market page.

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30 AI-matched news signals available across this event, newest first. Entry price is the called side when the news hit; the signed return marks it against the outcome’s final price as of .

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Paramount completes its acquisition of WBD for $110 billion; the new entity will be named Skydance. #Arabic_Business
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Paramount closes historic $110B deal for Warner Bros. Discovery to create Skydance
Paramount closes historic $110B deal for Warner Bros. Discovery to create Skydance
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Paramount closes historic $110B deal for Warner Bros. Discovery to create Skydance
Paramount closes historic $110B deal for Warner Bros. Discovery to create Skydance
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HBO Max and Paramount Plus will merge into a single streamer under Skydance
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[UPDATE] Paramount completes its takeover of Warner Bros to become one Hollywood giant known as Skydance (first reported at 2026-10-06T12:53:54Z)
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Paramount completes 17 trillion yen acquisition of Warner Bros., new company name "Skydance"
Amit Atias A new monster in Hollywood: The merger between Paramount and Warner Bros. was officially completed today, in a deal valued at $111 billion. The sprawling media and entertainment empire led by David Ellison will now be called "Skydance" and will unite under it the two major film studios, networks such as CNN and CBS, and the streaming services HBO Max and Paramount Plus.
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Paramount closes $110 billion deal to acquire Warner Bros. Discovery
Paramount closes $110 billion deal to acquire Warner Bros. Discovery
Paramount has completed its acquisition of Warner Bros. for approximately $110 billion, or 17 trillion yen.
Paramount has completed its acquisition of Warner Bros. for approximately $110 billion, or 17 trillion yen.
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Paramount finalizes its $110 billion acquisition of Warner Bros. Discovery, creating a new giant film and television conglomerate
Paramount finalizes its $110 billion acquisition of Warner Bros. Discovery, creating a new giant film and television conglomerate
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Paramount completes acquisition of Warner Bros to form new media empire Skydance
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Treize mois et 110 milliards de dollars plus tard, Paramount Skydance finalise l'acquisition de Warner Bros Discovery pour former Skydance •
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Treize mois et 110 milliards de dollars plus tard, Paramount Skydance finalise l'acquisition de Warner Bros Discovery pour former Skydance
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The completion of the Paramount-Warner merger is a stunning achievement for David Ellison, 43, who represents generational change in Hollywood. Now comes the really hard part
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Paramount completed the acquisition of Warner Bros., according to The New York Times. The combined company was named Skydance and immediately became one of Netflix and YouTube's largest competitors in the streaming market, behind giants like Disney and Amazon. CEO David Ellison gained control of the vast media empire with some of Hollywood's most valuable assets. Subscribe to Kommersant on MAX | on Telegram
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Paramount has completed the purchase of Warner Bros., according to The New York Times. The combined company, named Skydance, immediately became one of Netflix and YouTube's largest competitors in the streaming market, behind giants like Disney and Amazon. CEO David Ellison has gained control of the vast media empire with some of Hollywood's most valuable assets. Subscribe to Kommersant in MAX | in Telegram [in reply to: Hollywood stars have spoken out against the merger of Paramount and Warner Bros. An open letter was signed by over a thousand television and film industry employees. Among them are actors Joaquin Phoenix, Emma Thompson, Kristen Stewart, Pedro Pascal, and Jane Fonda (pictured). "The deal will further strengthen an already concentrated media landscape by reducing competition at a time when our industries and the audiences we serve can least afford it," the letter states. The authors believe the merger will lead to job cuts and increased costs. The deal is expected to close in the third quarter of 2026. Follow Kommersant on Telegram | on MAX | Leave "boosts"]
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Paramount closes historic Warner Bros. merger to form Skydance
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Paramount Skydance Completes $110 Billion Acquisition of Warner Bros. Discovery
Paramount Skydance Completes $110 Billion Acquisition of Warner Bros. Discovery
Exclusive: Read David Ellison's memo to employees after Paramount's WBD deal closed
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Paramount completes Warner Bros takeover, creating Skydance
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Paramount closes deal to acquire Warner Brothers Discovery Paramount officially closed its multi-billion-dollar deal to acquire fellow media giant Warner Brothers Discovery (WBD) on Tuesday, creating the largest provider in news, sports and entertainment offerings in the world. The deal hands control of WBD’s sprawling movie and television studios, as well as its cable channels and news outlet CNN to billionaire media mogul…
Paramount closes deal to acquire Warner Brothers Discovery Paramount officially closed its multi-billion-dollar deal to acquire fellow media giant Warner Brothers Discovery (WBD) on Tuesday, creating the largest provider in news, sports and entertainment offerings in the world. The deal hands control of WBD’s sprawling movie and television studios, as well as its cable channels and news outlet CNN to billionaire media mogul…
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Giant deal: Paramount completes acquisition of Warner Bros. Discovery for $110 billion @RamEliBrandts
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Paramount closes $81 billion Warner Bros. Discovery deal, forming new Hollywood giant

What is this event about?

This market will resolve according to the first entity that acquires control of Warner Bros. Discovery's studios and streaming businesses by June 30, 2027, 11:59 PM ET. Transactions that involve only Warner Bros. Discovery's linear television networks, news channels, or other non-studio, non-streaming assets, without also transferring control of its studios and streaming businesses, will not qualify. Announcements of non-finalized arrangements — including, the currently announced Netflix agreement to acquire Warner Bros. Discovery’s studios and streaming businesses — will not qualify. If no entity acquires control of Warner Bros. Discovery's studios and streaming businesses by June 30, 2027, 11:59 PM ET, this market will resolve to "None by June 30 2027". Resolution will be based on by a consensus of reporting.