Form 8-K · Current Report · Filed 2026-04-23
Warner Bros. Discovery Stockholders Approve Merger Agreement
On April 23, 2026, Warner Bros. Discovery, Inc. (WBD) announced that its stockholders approved the Merger Agreement, which will result in the merger of WBD with Paramount Skydance Corporation. The merger is expected to close with WBD becoming a wholly owned subsidiary of Paramount Skydance Corporation. However, the stockholders did not approve, on an advisory basis, the compensation that may be paid to WBD's named executive officers related to the merger.
- Filer
- Warner Bros. Discovery, Inc. WBD · NASDAQ
- Filed
- Accession
- 0001193125-26-173660
- CIK
- 0001437107
- Signal
- High impactCommunication Services
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$27.33
Next session
-1.0%
Since filing
-3.8%
Latest close
$26.30
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from WBD reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, WBD insiders reported 1 Form 4 transaction — net selling of $298K.
About Warner Bros. Discovery, Inc.
Warner Bros. Discovery, Inc. is a prominent global media and entertainment company known for its extensive portfolio of content and entertainment services. The company's primary function is to create and distribute varied media products, including films, television programming, and digital content. Among its notable features is ownership of Warner Bros. Pictures, a significant player in the film industry, and HBO, a well-regarded cable network known for producing acclaimed original series. Warner Bros. Discovery also operates Discovery Channel, adding to its diverse range of content catering to different audiences. The company impacts multiple sectors, including cinema, television broadcasting, and digital streaming services. Its role in the market is bolstered by an ability to reach a vast audience through a mix of traditional and innovative platforms, as well as its strategic focus on expanding its digital and streaming presence. This makes Warner Bros. Discovery a key entity in shaping the future of entertainment consumption worldwide.
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