Warner Bros. Discovery, Inc. (WBD) Thursday announced stockholders approval for its merger with Paramount Skydance Corp. (PSKY) at the Special Meeting of Stockholders.
Samuel A. Di Piazza, Jr., Chair of the Warner Bros. Discovery said, "With Paramount, we look forward to creating an exceptional combined company that will expand consumer choice and benefit the global creative talent community."
The transaction is expected to close in the third quarter of 2026.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.