Paramount agreed in February 2026 to acquire Warner Bros. Discovery in a $110 billion deal; on July 24, 2026 it agreed not to complete the acquisition until the court rules on the states' antitrust claims or until June 1, 2027, whichever comes first.
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Parks Associates: Paramount-WBD (Warner Bros. Discovery) Deal Signals New Era of Streaming Scale
ParamountWarner Bros. Discovery