https://brandtree.org/company/warner-bros-discoveryAcquisitions, divestitures and ownership changes involving Warner Bros. Discovery.https://brandtree.org/deal/paramount-skydance-acquires-warner-bros-discovery-2026https://brandtree.org/deal/paramount-skydance-acquires-warner-bros-discovery-2026Fri, 27 Feb 2026 00:00:00 GMTParamount Skydance agreed to buy Warner Bros. Discovery for $31.00 a share in cash, which the companies put at $81 billion in equity value and $110 billion in enterprise value. It would combine the Paramount and Warner Bros. film studios, CBS and CNN, and HBO Max with Paramount+. Warner Bros. Discovery shareholders approved it on 23 April 2026 and the European Commission cleared it in July 2026.