Paramount closes $110 billion deal to acquire Warner Bros. Discovery

The merger unites two major movie studios, news operations CBS News and CNN and cable networks including Comedy Central and TNT.

• Oct 6

Paramount to delay Warner Bros. merger until as late as June 2027

Paramount Skydance on Friday said it would delay the deal until as late as June 2027.

• Jul 24

12 states sue to block Paramount-Warner Bros. Discovery merger

The suit poses a new challenge to the $110 billion deal that would unite two of the nation's largest media companies.

• Jul 14

DOJ paves way for Paramount Skydance to buy Warner Bros. Discovery

Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery would not harm U.S. consumers or weaken competition, DOJ antitrust enforcers said.

• Jun 12

Paramount Skydance to acquire Warner Bros. Discovery

Paramount Skydance and Warner Bros. Discovery have reached an agreement in which Paramount will acquire Warner Bros. Discovery. Paramount Skydance is the parent company of CBS News New York.

• Feb 27

Netflix drops bid for Warner Bros. Discovery, paving way for Paramount Skydance

Streaming giant Netflix declined to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.

• Feb 27