Warner Bros. Discovery Approves $110 Billion Merger with Paramount Skydance
Warner Bros. Discovery (WBD) shareholders have approved a $110 billion merger with Paramount Skydance (PSKY), marking a major step toward the deal's completion. The transaction, which combines HBO Max and Paramount+, is expected to close in Q3 2026 pending regulatory approvals. The deal follows a long battle with Netflix (NFLX), which initially offered $83 billion for Warner Bros.
Topics: approval merger Netflix Paramount Skydance streaming services Warner Bros. Discovery