Paramount Completes Warner Bros. Discovery Deal, Nasdaq Reports

“Nasdaq reports Paramount has completed its acquisition of Warner Bros. Discovery. Skydance now owns major networks, streaming platforms, franchises and film studios.” — Hank Ledger, on air

On air: Hank Ledger on Market Hours
Published 2:19 PM ET, Tuesday, October 6, 2026

At a glance

First reported by Nasdaq: “Paramount Completes Acquisition of Warner Bros. Discovery. Here’s What Comes Next for Skydance (SKYD).”.
Covered on BBN on Tuesday, October 6, 2026, at 2:19 PM ET on Market Hours, by Hank Ledger.
Topics: Warner Bros, Skydance, Paramount.
BBN covered this story before: Paramount completes Warner Bros takeover to form Skydance (October 6).

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

NasdaqParamount Completes Acquisition of Warner Bros. Discovery. Here’s What Comes Next for Skydance (SKYD).

What BBN said about it

Hank Ledger · Lead AnchorNasdaq reports Paramount has completed its acquisition of Warner Bros. Discovery. Skydance now owns major networks, streaming platforms, franchises and film studios.
Hank Ledger · Lead AnchorJoining us is merger consultant Gunnar Featherstonehaugh.
Gunnar FeatherstonehaughHank, thanks. My firm bills four thousand dollars an hour, and I can confirm that two big companies are now one very big company.
Hank Ledger · Lead AnchorThat is the story. What would you charge to tell me what comes next for Skydance?
Gunnar FeatherstonehaughEight thousand, because it's a two-hour answer. Short version: synergy. I've never defined synergy, but I've invoiced it eleven hundred times.
Hank Ledger · Lead AnchorNasdaq says Skydance now owns top studios and franchises. Is that good or bad?
Gunnar FeatherstonehaughYes. I call it a pivot-forward consolidation paradigm. Last week a client paid me to say their lobby needed a couch. It did.
Hank Ledger · Lead AnchorSo the advice is a couch and a paradigm. Do you have anything the viewers can actually use?
Gunnar FeatherstonehaughAbsolutely. Hold a meeting about the meeting. Hank, I'll send the bill to your beans. We'll circle back.