Judge approves Paramount’s $110B Warner Bros. Discovery deal
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Event Brief

Judge approves Paramount’s $110B Warner Bros. Discovery deal

Filed: Sep 30, 2026 at 7:04 PM ET
Summary: A California judge formally approved Paramount Skydance’s settlement with California and other states, clearing the final hurdle to close its $110 billion takeover of Warner Bros. Discovery. After the approval, David Ellison said Mattel CEO Ynon Kreiz will become co-CEO, joining Oct. 5.
WHO: California judge; David Ellison; Ynon Kreiz; Paramount Skydance; Mattel
WHAT: A California judge approved Paramount Skydance’s settlement, allowing the $110 billion takeover of Warner Bros. Discovery to proceed.
WHEN: Sep 30, 2026
WHERE: USA
WHY: The judge’s approval was the final required hurdle for the takeover to close.

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