Warner Bros. Discovery.
American mass media and entertainment conglomerate
Paramount Skydance Settles State Lawsuits, Deal Nears
Paramount settled state suits on its $110B Warner deal just before a ~$7M-a-day ticking fee starts if closing slips past Sept. 30.
Business · 14 sources · Sep 21, 2026Read itThe journal
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About Warner Bros. Discovery
Warner Bros. Discovery, Inc. is an American multinational mass media and entertainment conglomerate headquartered in New York City. It was formed through the spin-off of WarnerMedia by AT&T, and its merger with Discovery, Inc. on April 8, 2022. On April 23, 2026, the company agreed to be sold to Paramount Skydance in a US$110 billion transaction, subject to approval by U.S. regulators. On June 12, 2026, the Paramount-WBD deal was approved by the U.S. Department of Justice. However, on July 24, 2026, the proposed merger, which is facing widespread anti-trust legal action, would be delayed until June 1, 2027. On August 4, 2026, a federal judge would rule in favor of holding the antitrust trial related to the proposed Paramount-WBD merger in March 2027, denying Paramount's request to hold it in the fall of 2026.
Everything about Warner Bros. Discovery →- Country
- United States
- Headquarters
- New York City
- Inception
- April 8, 2022
- Website
- https://www.wbd.com/