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.

• 2h ago

Judge temporarily halts Paramount-Warner Bros. Discovery merger

The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.

• Jul 23

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

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

Warner Bros. Discovery restarts takeover talks with Paramount Skydance

Warner Bros. Discovery said that Paramount Skydance is considering enhancing its buyout offer for the entertainment company.

• Feb 17

Dana White says UFC hosting first-ever White House fight on July 4

UFC CEO Dana White confirmed plans for a July 4, 2026 fight at the White House to mark America's 250th birthday.

• Aug 12, 2025

FCC approves Paramount-Skydance merger

Paramount Global and Skydance Media agreed to merge last year.

• Jul 25, 2025

Bronfman withdraws bid for Paramount, clearing path for Skydance merger

The merger between entertainment giant Paramount and media company Skydance is set to go ahead after Edgar Bronfman Jr. withdrew a competing offer.

• Aug 27, 2024

Paramount Global to merge with Skydance Media

Paramount Global, the owner of Paramount Pictures and CBS, will merge with a media company founded by David Ellison.

• Jul 8, 2024