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Paramount-Warner Bros. Merger Cleared to Close Following $111 Billion USD Settlement Approval

Hypebeast 01 October 2026 14h ago
Paramount-Warner Bros. Merger Cleared to Close Following $111 Billion USD Settlement Approval
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Summary Paramount and Warner Bros Discovery are set to officially close their $111 billion USD merger on October 6, 2026US District Judge Araceli Martínez Olguín approved a settlement with 12 state attorneys general removing the final legal barrierFormer Mattel CEO Ynon Kreiz will join David Ellison as co-CEO to lead the combined entertainment conglomerate Paramount and Warner Bros. Discovery are
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