Paramount Skydance Corporation (PSKY) faces critical milestones on May 26, 2026, for its acquisition of Warner Bros. Discovery. The total value of the transaction reaches $110.9 billion.
CEO David Ellison must answer 17 questions from House Democrats regarding the deal. This response is due by 5:00 p.m. ET. Investigators are probing if the company offered to alter CNN’s editorial coverage of President Donald Trump to secure merger approval.
WBD noteholders face a deadline to consent to amending indentures on senior notes. This debt restructuring involves approximately $16 billion in notes funded by Paramount. These steps are required to resolve regulatory hurdles and finalize the transaction.