What company is reportedly set to acquire Warner Bros. Discovery?

Paramount is reportedly set to acquire Warner Bros. Discovery.

When is the Paramount and Warner Bros. Discovery deal expected to close?

The deal is expected to close in Q3 2026.

How did John Oliver react to the Paramount/WBD acquisition news?

John Oliver humorously commented on the potential acquisition, referencing a "new business daddy."

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John Oliver Jests Merger Madness

2 Mar

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Summary

Paramount is reportedly set to acquire Warner Bros. Discovery.
The deal's expected closure is in Q3 2026.
John Oliver humorously commented on the potential acquisition.

John Oliver recently commented on the potential acquisition of Warner Bros. Discovery (WBD) by Paramount during his show. He humorously referred to the possibility of a "new business daddy" for the company, which is part of WBD. Under the proposed terms, Paramount intends to purchase all outstanding WBD shares for $31 per share. The transaction is anticipated to finalize in the third quarter of 2026, pending regulatory approvals and shareholder consent.

This development follows Netflix's decision to withdraw its offer for Warner Bros. after Skydance's revised bid was deemed superior. Oliver previously expressed his reluctance towards a Paramount takeover, humorously stating in September of the previous year, "Please stay the f-ck away from us." He also previously used Paramount's logo to criticize perceived "soulless" corporate actions.

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