Paramount Skydance is preparing a historic acquisition of Warner Bros. Discovery
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Hollywood is shaken: Paramount Skydance, backed by the Ellison family, is preparing a bid to acquire Warner Bros. Discovery. The news has already impacted Wall Street, with WBD shares rising as much as 29%.
If completed, it would be one of the largest acquisitions in the entertainment industry, unifying powerful franchises and platforms amid the ongoing streaming war.
Paramount Skydance prepara una oferta para adquirir Warner Bros. Discovery
The Ellison family's multimillion-dollar backing
Larry Ellison, founder of Oracle, contributed $6 billion to merge Skydance Media with Paramount Global. His son, David Ellison, leads the new Paramount Skydance alongside Jeff Shell, with a clear goal of dominating streaming.
According to Wall Street Journal, the offer aims to purchase WBD as it exists today, without splitting the company into Warner Bros. and Discovery Global, despite rumors of a breakup.
Stock market impact and rumors
With just the rumor, WBD rose 29% and Paramount Skydance 15.6%. Although sources cited by Deadline downplay the information, recalling that Ellison has been considering the purchase for some time, Variety highlights WBD's enormous debt: $35.6 billion, a significant obstacle.
Subieron los bonos y las acciones en Wall Street
The deal doesn't yet have confirmed figures, but insiders mention amounts in the five-digit millions of dollars.
The battle for streaming
Paramount+ had 77.7 million subscribers in June, while HBO Max, from WBD, leads with 125.7 million. The merger would put Paramount Skydance at the forefront against Netflix and Disney+.
El éxito de X TV dependerá de su capacidad para diferenciarse en un mercado saturado
In addition to strengthening its platforms, the acquisition would allow the company to access iconic film and television franchises, redrawing Hollywood's media landscape.
