Paramount Skydance Details $110B WBD Acquisition Financing and $47B Share Issuance

Paramount Skydance has unveiled new financial and structural details regarding its acquisition of Warner Bros. Discovery (WBD), valuing the enterprise at $110 billion. To support the transaction, Paramount is issuing $47 billion in new Class B shares priced at $16.02 per share. The deal is backed by a fully committed investment from the Ellison Family and RedBird Capital Partners, ensuring strong financial footing for the merger. This valuation represents a multiple of 7.5x the projected 2026 EBITDA, factoring in full operational synergies. The merged entity will operate as Paramount Skydance Corporation and is slated to trade on the NASDAQ under the ticker PSKY. Furthermore, the combined company has committed to producing a minimum of 30 theatrical films annually to solidify its position in the global media landscape.