Paramount's newly formed media conglomerate Skydance may buy shares in another major Hollywood studio - Warner Bros. Discovery - at a price of about $22 to $24, sources told CNBC. That's an average of 30% higher than the last closing price on Sept. 18.

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Paramount Skydance is considering buying out Warner Bros. Discovery at $22-24 per share, CNBC reports, citing sources. The price in the middle of that range is 30% higher than the last close of Warner Bros. shares on Sept. 18 - $17.8 per share. Sept. 18 at $17.8 apiece. However, the range is preliminary, and the offer itself may come later than scheduled, the publication's interlocutors said. According to them, the deal may be financed 70-80% in cash with the support of Oracle co-founder Larry Ellison, father of Paramount Skydance head David Ellison. The rest of the amount could be paid in stock.

Shares of Paramount Skydance at the trading on September 19 jumped by 4% to $18.5. Then they, however, lost some of the growth and continued trading in the plus 1% at the time of publication of this text. Since the beginning of 2025, the market value of the company has increased by almost 73%.

Warner Bros. also rose almost 4% to $19.4, but then also slowed down. Compared to the beginning of 2025, they added 79% in price.

A week earlier, sources at The Wall Street Journal reported that Paramount was preparing an offer to buy Warner Bros. The potential deal could derail plans to split Warner Bros. and create a new media giant with a strong portfolio of cable channels, sports broadcasts and two major movie studios, CNBC noted. Warner Bros. itself recently announced its intention to spin off its global TV network business into a separate entity, separating it from its streaming and movie studios, the channel recalled.

This article was AI-translated and verified by a human editor

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