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Paramount's $110 Billion Bid for Warner Bros. Discovery Faces Shareholder Vote

KVIA•Wednesday, April 22, 2026 at 9:40 PM•CNN Newsource

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Paramount is set to hold a crucial vote this Thursday regarding its $110 billion acquisition of Warner Bros. Discovery (WBD). The deal, which has garnered support from WBD's board and advisory firms, aims to merge the two media giants, potentially reshaping the industry. However, the proposal faces opposition from thousands in the entertainment sector who argue it could harm creators and consumers. With a deadline of September 30 for deal completion, Paramount executives are optimistic about regulatory approvals despite concerns over increased industry consolidation. Shareholders are encouraged to consider the offer of $31 per share, significantly higher than last year's $8 valuation.

Key Details: • Shareholder vote scheduled for Thursday, April 22. • Deal valued at $110 billion, with an offer of $31 per share. • Regulatory scrutiny anticipated from state attorneys general. • Deadline for deal completion set for September 30. • Protests planned outside Paramount's event in Washington.

entertainment media paramount warner-bros merger

People & Organizations

ParamountDavid EllisonWarner Bros. DiscoveryFCCCNNWashingtonHollywoodDavid ZaslavTed SarandosJodie Sweetin

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