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Business & M&AInsider Sport · 2h ago

New Paramount-Warner Bros deal creates $55bn sports conglomerate

By Callum Williams•October 7, 2026

The brief

Paramount-Warner Bros. Discovery (WBD) will merge into a new company under Skydance, and it will bring a competitive sports rights portfolio with a lucrative valuation. After months of negotiations, failed deals and legal inquiries, Paramount parent company Skydance has completed the acquisition of Warner Bros. Discov…

Original report

Insider Sport

Summary is editorial. Full reporting, images and rights belong to the source.

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