Paramount Skydance to Close 110 Billion Dollar Acquisition of Warner Bros Discovery

The Ellison-controlled Paramount Skydance is scheduled to complete its purchase of Warner Bros. Discovery on Tuesday following a yearlong pursuit.

FTMQ Startups, written by our newsroom5 October 2026 at 01:010 views

Paramount Skydance is scheduled to complete its acquisition of Warner Bros. Discovery on Tuesday, according to The Information. The transaction values Warner Bros. Discovery at 110 billion dollars. [1][2]

Paramount Skydance announced its intent to acquire Warner Bros. Discovery for 31 dollars per share on February 27, 2026, valuing the firm at 110.9 billion dollars. The deal is funded by the Ellison family alongside RedBird Capital Partners and sovereign wealth funds from Saudi Arabia, Qatar, and the United Arab Emirates. [2]

The takeover follows initial plans by Warner Bros. Discovery to split into two separate entities. That plan aimed to separate its less profitable linear television assets from its main studio business, HBO, and the HBO Max streaming service. [2]

The transaction marks the end of a yearlong effort by the Ellison family to acquire the media company, which owns one of the most prominent film studios in Hollywood. [1]

Paramount Skydance is scheduled to close its acquisition of Warner Bros. Discovery on Tuesday.
The acquisition values Warner Bros. Discovery at up to 110.9 billion dollars at 31 dollars per share.
Funding is provided by the Ellison family, RedBird Capital Partners, and sovereign wealth funds from Saudi Arabia, Qatar, and the UAE.

Sources

Every paragraph above points to the numbered items it rests on. Read the originals here.

[1]The Ellisons’ Hollywood Adventure Is About to Scale UpThe Information, 1d ago (the report this story comes from)

Background

[2]Proposed acquisition of Warner Bros. Discovery by Paramount Skydance on Wikipedia

Our newsroom writes these reports with the help of software, from the 2 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.

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