Active situationMedia & TelecomOngoing·Updated May 1, 2026·Published Mar 2, 2026
Warner Bros. Discovery / Paramount Skydance — $77bn media & telecom deal
WBD / PSKY
Shareholder vote PASSED April 23. Comp package rejected on advisory vote — doesn't block close. California AG investigation remains the primary live risk.
CT
CTFN Editorial
Active Situations Desk · ctfn.news
Deal snapshot — free previewOngoing
Next event
CMA — Phase 1 investigation launched
May 5, 2026· in 3d
CTFN estimated close
Jul 15, 2026
Key risks
Primary deal risk is in California. AG Rob Bonta has directed the state DOJ to open an investigation and may seek to block the merger through litigation rather than negotiated remedies — a harder path to resolve than a typical antitrust consent decree.
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