{"id":33372,"date":"2026-03-02T11:30:08","date_gmt":"2026-03-02T10:30:08","guid":{"rendered":"https:\/\/intelligence.ensider.de\/?p=33372"},"modified":"2026-03-02T11:31:46","modified_gmt":"2026-03-02T10:31:46","slug":"paramount-acquires-warner-bros-110-billion-dollar-merger-sealed","status":"publish","type":"post","link":"https:\/\/intelligence.ensider.de\/en\/2026\/03\/02\/paramount-uebernimmt-warner-bros-110-mrd-dollar-fusion-besiegelt\/","title":{"rendered":"Paramount takes over Warner Bros.: 110 billion dollar merger sealed"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"33372\" class=\"elementor elementor-33372\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-eb8271d elementor-section-full_width elementor-section-height-default elementor-section-height-default creativo-sticky-disabled\" data-id=\"eb8271d\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;enable_creativo_sticky&quot;:&quot;disabled&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6bbcb817\" data-id=\"6bbcb817\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-74b76af4 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"74b76af4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-start=\"295\" data-end=\"876\">The <strong data-start=\"326\" data-end=\"360\">Paramount Skydance Corporation<\/strong> (NASDAQ: PSKY) and <strong data-start=\"380\" data-end=\"412\">Warner Bros. Discovery, Inc.<\/strong> (NASDAQ: WBD) have announced on <strong data-start=\"436\" data-end=\"456\">27 February 2026<\/strong> signed a binding merger agreement under which Paramount will acquire all outstanding shares of Warner Bros. Discovery in cash. The transaction has an enterprise value of approximately <strong data-start=\"646\" data-end=\"671\">110 billion dollars<\/strong> and is expected to be completed in <strong data-start=\"700\" data-end=\"724\">third quarter 2026<\/strong> subject to the usual regulatory approvals and the consent of WBD shareholders.<\/p><p data-start=\"878\" data-end=\"1280\">Under the terms of the agreement, Paramount will pay <strong data-start=\"930\" data-end=\"964\">31 dollars per WBD share in cash<\/strong>. If the financial statements are finalised by <strong data-start=\"995\" data-end=\"1017\">30 September 2026<\/strong> If the closing does not take place, WBD shareholders will receive a ticking fee of USD 0.25 per share per quarter until the final closing. The directors of both companies have already unanimously approved the agreement.<\/p><p data-start=\"1282\" data-end=\"1825\">Through the merger, Paramount intends to <strong data-start=\"1327\" data-end=\"1376\">global media and entertainment company<\/strong> that can operate more competitively in cinema production as well as streaming and linear TV. According to the companies, the combined unit will <strong data-start=\"1557\" data-end=\"1594\">At least 30 feature films per year<\/strong> and thereby offer all productions an exclusive worldwide cinema window of at least <strong data-start=\"1696\" data-end=\"1708\">45 days<\/strong> with the aim of ensuring that this <strong data-start=\"1749\" data-end=\"1773\">60-90 days or more<\/strong> to expand.<\/p><p data-start=\"1827\" data-end=\"2197\">The association is also intended to <strong data-start=\"1857\" data-end=\"1907\">Content libraries and streaming platforms<\/strong> of both groups and thus create a greater choice for viewers. The well-known brands and franchises include \"Game of Thrones\", \"Mission: Impossible\", \"Harry Potter\", \"Top Gun\", the DC universe and \"SpongeBob SquarePants\".<\/p><p data-start=\"2199\" data-end=\"2641\">The deal is being financed by <strong data-start=\"2230\" data-end=\"2279\">47 billion dollars in newly issued capital<\/strong>which was fully committed by the Ellison family and RedBird Capital Partners, as well as additional <strong data-start=\"2384\" data-end=\"2424\">54 billion dollars in debt capital<\/strong>. Paramount expects synergies of more than <strong data-start=\"2468\" data-end=\"2491\">6 billion dollars<\/strong>which are to be realised through technical integration, operational efficiency gains and other measures.<\/p><p data-start=\"2643\" data-end=\"3006\">Paramount CEO <strong data-start=\"2657\" data-end=\"2674\">David Ellison<\/strong> explained in the press release that the merger combines the strengths of both studios and increases the opportunities for creative storytelling and competitiveness in the changing media market. WBD CEO <strong data-start=\"2869\" data-end=\"2885\">David Zaslav<\/strong> emphasised that the conclusion of the agreement was a strong value contribution for shareholders.<\/p><p data-start=\"3008\" data-end=\"3253\">The transaction is still subject to regulatory reviews, in particular anti-trust approvals in the US and worldwide, and the approval of Warner Bros. Discovery shareholders.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-6f80f46 e-flex e-con-boxed creativo-sticky-disabled e-con e-parent\" data-id=\"6f80f46\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;enable_creativo_sticky&quot;:&quot;disabled&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-27580de elementor-widget elementor-widget-text-editor\" data-id=\"27580de\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><a href=\"https:\/\/www.prnewswire.com\/news-releases\/paramount-to-acquire-warner-bros-discovery-to-form-next-generation-global-media-and-entertainment-company-302699998.html?utm_source=chatgpt.com\">To the press release<\/a><\/h3><h5>\u00a0<\/h5><h5>Picture: \u00a9 Paxabay<\/h5>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Die Paramount Skydance Corporation (NASDAQ: PSKY) und Warner Bros. Discovery, Inc. (NASDAQ: WBD) haben am 27.\u202fFebruar\u202f2026 einen verbindlichen Fusionsvertrag unterzeichnet, wonach Paramount alle ausstehenden Aktien von Warner Bros. Discovery in&#8230;<\/p>","protected":false},"author":18,"featured_media":33373,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"single-minimal.php","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[51,53,49],"tags":[],"class_list":["post-33372","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-filmwirtschaft","category-news","category-transaktionen"],"acf":[],"_links":{"self":[{"href":"https:\/\/intelligence.ensider.de\/en\/wp-json\/wp\/v2\/posts\/33372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/intelligence.ensider.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/intelligence.ensider.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/intelligence.ensider.de\/en\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/intelligence.ensider.de\/en\/wp-json\/wp\/v2\/comments?post=33372"}],"version-history":[{"count":4,"href":"https:\/\/intelligence.ensider.de\/en\/wp-json\/wp\/v2\/posts\/33372\/revisions"}],"predecessor-version":[{"id":33377,"href":"https:\/\/intelligence.ensider.de\/en\/wp-json\/wp\/v2\/posts\/33372\/revisions\/33377"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/intelligence.ensider.de\/en\/wp-json\/wp\/v2\/media\/33373"}],"wp:attachment":[{"href":"https:\/\/intelligence.ensider.de\/en\/wp-json\/wp\/v2\/media?parent=33372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/intelligence.ensider.de\/en\/wp-json\/wp\/v2\/categories?post=33372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/intelligence.ensider.de\/en\/wp-json\/wp\/v2\/tags?post=33372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}