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Mergers & AcquisitionsMediumUpdated×2•Originally published 1 October 2026•Updated 1 October 2026•
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Paramount and Warner Bros. Discovery Set Merger Closing for October 6

Key Facts

1The merger between Paramount and Warner Bros. Discovery is expected to close on October 6, 2026.

The merger between Paramount and Warner Bros. Discovery is expected to close on October 6, 2026. Investing.com reported that the companies are moving toward the finalization of their previously announced consolidation to create a larger media entity.

Warner Bros. Discovery stock, trading under the ticker WBD, closed at $30.85 on September 29, 2026. The setting of a firm closing date is intended to reduce execution risk and provide clarity for shareholders regarding the integration involving Paramount and Skydance.

Latest Updates · 2

  1. Notable·

    Update: David Ellison selected Mattel CEO Ynon Kreiz as a co-leader of the new Paramount-Warner Bros. Discovery entity. The selection comes with an emphasis on cost cutting and operational efficiency at the combined company.

  2. Notable·

    Update: Paramount CEO David Ellison has requested CNN chief Mark Thompson to remain in his position following the completion of the merger. This move is intended to ensure leadership stability at the news network within the combined entity after October 6, 2026.

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