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Skydance Corporation completed its acquisition of Warner Bros. Discovery on October 6, 2026, bringing the two companies’ entertainment assets under one corporate roof. The close confirms the ownership change—not an immediate merger of HBO Max and Paramount+, or any other announced change for viewers.
When did the Paramount–Warner Bros. Discovery merger close?
The acquisition closed on October 6, 2026, according to Skydance’s announcement and a Warner Bros. Discovery filing with the U.S. Securities and Exchange Commission. The merger agreement was dated February 27, 2026. The companies had announced an expected closing date of September 30 before the transaction ultimately closed the following week.
| # | Preview | Product | Price | |
|---|---|---|---|---|
| 1 |
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Warner Bros. Blended (Blu-ray + DVD + Digital HD) (Widescreen) | $29.99 | Buy on Amazon |
| 2 |
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The Guilt Trip | $8.68 | Buy on Amazon |
| 3 |
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Warner Bros. Rampage (4K Ultra HD Blu-ray Digital Copy) | $12.97 | Buy on Amazon |
| 4 |
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Warner Bros. Justice League (2017) (4K Ultra HD + Blu-ray + Digital) | $3.99 | Buy on Amazon |
| 5 |
![One Way Passage [Blu-Ray]](https://m.media-amazon.com/images/I/51c+zMS5LuL._SL160_.jpg)
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One Way Passage [Blu-Ray] | $22.55 | Buy on Amazon |
Who owns Warner Bros. Discovery now?
The buyer is Skydance Corporation, formerly Paramount Skydance Corporation. The combined company is named Skydance. Its announced portfolio brings together two major film studios, two global streaming services, CBS, HBO, cable networks, CBS News, CNN, live sports, programming libraries, and established entertainment brands.
That list describes the assets brought together by the acquisition. The closing announcement does not specify whether the streaming services will be bundled or combined, or whether channels, libraries, or other offerings will change.
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#1 Best Overall
- Brand New in box. The product ships with all relevant accessories
What was the deal worth?
The SEC filing says Warner Bros. Discovery shares were to convert into $31 in cash per share, with additional “ticking” consideration if the closing occurred after September 30, 2026. Separately, the Associated Press described the deal’s value as approximately $81 billion. The per-share consideration is the agreement’s stated payment formula; the approximate figure is a reported estimate of the overall transaction value.
What happened in the regulatory review?
Justice Department assessment
On June 12, 2026, the U.S. Department of Justice Antitrust Division said its investigation found the transaction was not likely to harm competition or American consumers in subscription video on demand, linear television, or the development, production, or theatrical distribution of films. That is the department’s assessment of the markets it identified, not a finding about every possible market or the merger’s future effects.
Rank #2
State lawsuit and settlement
Twelve state attorneys general sued to block the acquisition. On September 30, a federal judge approved a settlement resolving that challenge. The Associated Press reported that the settlement included commitments concerning U.S. film-production spending, minimum annual film output, worker support, and editorial monitoring. These are commitments in the settlement, not proof that the specified outcomes have already occurred.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What does the closing mean for viewers?
It establishes the change in corporate ownership and the assets being brought together. It does not, by itself, establish changes to HBO, Paramount+, CBS, CNN, or any other service, channel, or newsroom. The closing announcement does not set out consumer-facing integration decisions, so claims that services will merge, be discontinued, or change editorially are not established by the closing record.
Quick Recap
Best Value
Rank #4
- This refurbished product is tested and certified to look and work like new. The refurbishing process includes functionality testing, basic cleaning, inspection, and repackaging. The product ships with all relevant accessories, and may arrive in a generic box
Rank #3
- Brand New in box. The product ships with all relevant accessories
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
