Warner Bros. Discovery’s shareholders are set to vote on April 23 at 10 am ET on a deal to sell the media giant to David Ellison’s Paramount Skydance, with shares valued at $31 per share and expected to close in Q3 pending regulatory clearance.
David Zaslav, WBD CEO, praised his team for transforming the business, while Samuel Di Piazza, board chairman, emphasized securing value and certainty for shareholders. The deal has been approved by both companies’ boards of directors and is expected to expand consumer choice with a combined company launching with $79 billion in net debt.
Regulatory scrutiny remains, but no official blockage has been announced from the US Department of Justice or state attorneys general. Unions and lawmakers warn that job losses and price increases are likely.
Source: https://deadline.com/2026/03/warner-bros-discovery-sets-shareholder-vote-sale-paramount-1236766408