Paramount’s $111 billion acquisition of Warner Bros. Discovery combines two major Hollywood studios with television, news and cinema businesses.
Where it stands
The takeover is complete, and the merged company is called Skydance.
Sub-stories
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Following:
showing all 27 events
October 2026
Tue, Oct 6
Oct 6Paramount completed its takeover of Warner Bros Discovery
Fri, Oct 2
Oct 2Paramount announced merged company would be called Skydance
September 2026
Wed, Sep 30
Sep 30US judge approved Paramount’s antitrust settlement with states
Sun, Sep 27
Sep 27Paramount appointed Mattel’s chief executive co-CEO of the combined company
Mon, Sep 21
Sep 21California accepted minor concessions to settle antitrust challenge
Sep 21Paramount settled states’ antitrust lawsuit against acquisition
Sun, Sep 20
Sep 20Paramount offered concessions in state antitrust settlement talks
August 2026
Mon, Aug 24
Aug 24California's attorney general canceled planned settlement talks
Aug 24California was expected to seek channel sales and studio separation
Sun, Aug 23
Aug 23Paramount and state attorneys general planned settlement talks
Mon, Aug 17
Aug 17Paramount sought $1.9 billion bond from suing states
Thu, Aug 13
Aug 13Hollywood unions urged California to settle its antitrust lawsuit
Tue, Aug 11
Aug 11Paramount threatened to leave California over antitrust lawsuit
Thu, Aug 6
Aug 6Warner Bros Discovery's quarterly revenue fell 11%
Aug 6UK competition regulator cleared the acquisition
Wed, Aug 5
Aug 5Regal Cinemas' chief executive backed the acquisition
Tue, Aug 4
Aug 4Paramount's chief executive blamed politics for the antitrust challenge
Aug 4Federal judge scheduled the antitrust trial for March 2027
July 2026
Fri, Jul 24
Jul 24Paramount agreed to delay closing pending rulings, capped at June 2027
Thu, Jul 23
Jul 23Federal judge extended the acquisition pause through mid-August
Mon, Jul 20
Jul 20US federal judge granted order pausing the acquisition
Tue, Jul 14
Jul 14Writers Guild of America sued to block the acquisition
Jul 14States sought emergency court orders pausing the acquisition
Mon, Jul 13
Jul 13US states sued to block the acquisition
Wed, Jul 8
Jul 8State attorneys general were finalizing an antitrust lawsuit
Jul 8US states reportedly prepared a lawsuit challenging the acquisition
June 2026
Fri, Jun 12
Jun 12 The US Justice Department approved the planned acquisition