WBD Warner Bros Discovery Inc

$WBD $PSKY soared 8.3% in after-hours trading after a report that Paramount Skydance (PSKY) is in advanced settlement talks with California officials over a lawsuit to block the $110 billion mega media deal, according to a WSJ report on Friday

$WBD $PSKY David Ellison ended the naming guessing game Friday: the combined Paramount-WBD will be called Skydance, trading as SKYD, formally Skydance Corporation. Close is Tuesday. The name choice threads the consent-decree needle. The 12-state settlement keeps Paramount and Warner Bros. operations separated in several areas for five years, so a name favoring either side would have been a problem. Skydance is Ellison’s own 2006 production company behind Top Gun: Maverick and the Mission: Impossible films, so it is neutral while still being his. Paramount and Warner Bros. survive as brands under the umbrella. The name that disappears: Discovery. Tracking into Tuesday’s close.

An M&A trade that big money likely took a shot at today, judging by the volume. Buying $WBD around $30.96. The merger pays $31.01 in cash. On a $5 million position, that's about $8,000. $WBD $PSKY

$WBD $PSKY All things considered my take was pretty spot-on. Ultimately Comcast (wisely) stayed out of the aggressive bidding. Congrats to WBD shareholders it’s been some ride 🥲

Warner Bros. Discovery executive Casey Bloys said HBO Max could eventually be bundled with Paramount+ following Paramount Skydance’s expected acquisition of WBD, citing the successful HBO Max-Disney bundle as a model. Speaking at Bloomberg Screentime in Los Angeles, Bloys said such a package “would make a lot of sense.” The deal is expected to bring major changes, including the potential consolidation of HBO Max and Paramount+. Bloys is expected to oversee the combined streaming operations following the departure of Paramount’s streaming chief Cindy Holland. A federal judge in California approved Paramount’s settlement of antitrust lawsuits brought by 12 state attorneys general and the Writers Guild, including a commitment to release 30 films annually in theaters. Bloys said he has spoken with Paramount chief David Ellison, describing him as enthusiastic about HBO’s achievements. He also acknowledged Netflix as the streaming leader. $WBD $NFLX

$WBD hopefully $NFLX burns a slow painful death as a real competitor finally emerges in streaming. Those dumb bastards will regret not paying 40 a share to maintain a monopoly.

$WBD $PSKY Paramount settled the 12-state lawsuit against the $110B Warner merger Monday. Both stocks rallied ~10%. Why now: starting Oct 1, Paramount faced a 25-cent-per-share ticking fee until the deal closed, roughly $7M a day ($650M a quarter). And a $7B breakup fee if it walked. The cost of getting it done: five years of enforceable conditions. 30 theatrical films a year in years 1-2 (20 wide), 32 a year in years 3-5 (21 wide). $1.5B more in US production spending. $47.5M for displaced workers. Independent monitor. Separate cable-carriage negotiations. The judge still has to sign off. You can buy the company, but you can't consolidate the costs for five years.

$WBD haha I rolled my tbill interest into here back in DEC 2025 for a risky 15% return in less than a year. Follow me for more crazy not sound financial advice that sometimes pays off :) I guess I got a 5% return vs 4.3% on that bit of interest lol.

$WBD it would be crazy if retail decided to Wall Street bets this thing and pump it up to $35.

Paramount Skydance completed its $110 billion acquisition of Warner Bros. Discovery, creating a global entertainment giant now named Skydance. The combined company moved its primary listing to the New York Stock Exchange under the ticker SKYD. Under the final terms, Warner Bros. Discovery shareholders received $31.0167 per share in cash, plus a $41.9 million adjustment related to the period before closing. The deal combines major film studios, streaming platforms, broadcast networks and news assets including CBS News and CNN. The combined company generates nearly $70 billion in annual revenue and targets at least $6 billion in annual synergies over the next three years. Management plans to release at least 30 theatrical films annually with 45-day exclusive windows and more than 180 TV series, while targeting over $10 billion in annual free cash flow by 2030. The major challenge is the company’s roughly $80 billion debt load following the transaction. $WBD $SKYD

$WBD what happens to this stock today. Does it become Skydance or does the WB shares just close out?

$WBD Paramount completes acquisition of warner bros. discovery, creating a new global entertainment leader, skydance

Monday is the record date for the $WBD warrant distribution, and the last day the stock trades. Own it Monday and you're on the list; buy it Tuesday and there's nothing to buy.

$WBD The merger clock stopped ticking on Wednesday. A federal judge in Oakland approved the settlement between Paramount and the 12 state attorneys general, and both companies now say the deal closes October 6. The payout is mechanical from here: 31 a share in cash, plus a fraction of a cent for every day past September 30. That pencils to about 31.02 on the October 6 date. WBD closed at 30.95 today. The gap between the price and the payout is down to about 7 cents. The market has moved from debating whether this closes to counting the days. The personnel news: David Ellison named Mattel's Ynon Kreiz co-CEO of the combined company, with executives reporting to both. That fills the hole Jeff Shell's April departure left. One loose end: a coalition of 40-plus labor and consumer groups is petitioning the court to reopen the antitrust settlement, with a proposed briefing schedule that runs past October 6.

$WBD are we getting paid by Friday? Clearing over 100k profits off this beast! How many extra pennies we get if it drags past Oct 1st?

$WBD the price is not going anywhere from here since Paramount agreed to buy out Warner Brothers for $31 a share. It’s mechanically limited.

$WBD Take your buyout profit and run a portion with psky ...12$ base buy in plus a 10 year warrant that has to be worth 3$ ...15 is about a 40% gain in the short term and higher in the months ahead

I’ve held my $WBD since the AT&T spinoff and needless to say have been underwater for a long time. I’m within $2K of breakeven at this point and and seriously considering cashing out now. But I’m also thinking I’ve held this long, why not hold for the $31 buyout price. Thoughts?

$WBD One clause worth knowing on $WBD: the Ellison guarantee is a guarantee of payment, not of collection. If Paramount doesn't pay, WBD can go straight to Larry Ellison and his trust instead of chasing Paramount first, and it also covers the $7B regulatory termination fee.

$WBD Before I call my man Danny at ETRADE i wanted to see if other brokers are charging 38 dollar reorg fee. With 4 accts getting hit with this it is 152 dollars I don't want to share with them. I talked to my AI advisor and they had this to say: E*TRADE standardizes a $38 reorganization fee for both mandatory actions (like reverse stock splits, mergers, and name changes) and voluntary actions (like tender offers). This fee is a common point of frustration for retail investors. • Ask for a Waiver: High Net Worth teams have the administrative discretion to credit back account fees. If a reverse split or merger hit your account and blindsided you with a $38 charge, call your dedicated team representative and request a courtesy waiver.