Warner Bros Discovery

A domed building with a lit marquee reading Warner Bros. Studio Tour Hollywood at the studio lot in Burbank, with the Warner Bros. water tower behind it under a clear blue sky.

Paramount Sold $41.4 Billion of Bonds to Buy Warner Bros. They Fell the Next Day.

Paramount Skydance priced $41.4 billion of secured notes on Wednesday to pay for Warner Bros. Discovery. On Thursday some of the new bonds traded at about 96 cents on the dollar, its existing bonds fell sharply and the cost of insuring its debt reached a 17-year high, Bloomberg reported. The deal is due to close on Tuesday, and the combined company will be called Skydance.

By Daniel Okafor 11 minutes ago

The Warner Bros. Studios water tower rising behind the perimeter wall of the studio lot in Burbank.

The Numbers

Paramount Settles With the States Nine Days Before the Meter Starts

Paramount Skydance has settled the antitrust suit twelve states brought against its $110 billion purchase of Warner Bros. Discovery. The remedies are promises about behaviour: thirty films a year in cinemas, with $30 million owed for each one short. The number that explains the timing is a different one. From 1 October, every day the deal stays open costs Paramount about $7 million.

By Cory Chamberlain September 21, 2026

Warner Bros Discovery

Tagged stories

Paramount Sold $41.4 Billion of Bonds to Buy Warner Bros. They Fell the Next Day.

Paramount Settles With the States Nine Days Before the Meter Starts