Warner Bros. Discovery (WBD) Stock News

WBD repaid all outstanding loans and terminated credit commitments under two credit agreements in connection with the consummation of its merger with Skydance. Subsidiaries also became guarantors under the new indenture and credit agreement. Separately, the board ratified certain RSU grants made after the plan expiration date.

Paramount Skydance (PSKY) closed its acquisition of Warner Bros. Discovery (WBD) on October 6, creating a combined entity named Skydance. The company issued $41.4 billion in senior secured notes to finance the deal, including $30 billion in first-lien notes and $11.4 billion in second-lien notes. The company targets at least $6 billion in annual run-rate synergies within three years.

Paramount completes acquisition of Warner Bros. Discovery, creating Skydance.

Nasdaq halted trading in Warner Bros. Discovery (WBD) on Oct 5, 2026, citing a request for additional information. The halt comes ahead of the previously announced merger with Skydance and the transfer of WBD's listing to the NYSE, effective Oct 6.

Fitch Ratings downgraded Paramount Skydance Corporation (PSKY) and Warner Bros. Discovery (WBD) to 'BB' from 'BB+' following the close of the WBD acquisition. The downgrade reflects materially higher leverage (7.8x in FY2026) and significant execution and integration risks. Outlook is Stable.

S&P 500 adds Twilio and Vylor; removes Warner Bros. Discovery and Corteva.

Paramount Skydance ($PSKY) appointed Ynon Kreiz as Co-CEO, effective Oct 5, 2026. The company also announced its merger with Warner Bros. Discovery ($WBD) is expected to close on Oct 6, 2026. WBD shareholders will receive $31.00 per share plus a daily accrual of $0.00277778 from Sept 30 through closing.

Judge clears Paramount Skydance's $110 billion Warner Bros. Discovery takeover; closing Oct 6.

PSKY extended tender/exchange offers for WBD notes to Oct 6 and launched ~$44.4B in senior secured notes to fund the WBD acquisition and repay debt. Settlement expected Q4 2026.

Warner Bros. Discovery intends to delist its 4.302% Senior Notes due 2030 and 4.693% Senior Notes due 2033 from Nasdaq Global, citing the pending acquisition by Paramount Skydance. The company expects to file Form 25 around October 6, with delisting effective 10 days later. The notes will not be listed elsewhere.

AMD, Moderna, WBD among stocks hitting 52-week highs.