media finance
29 September 2026
Paramount raises $44.4bn for Warner Bros Discovery bid
Paramount plans a forty-four-point-four-billion-dollar bond offering to help finance its proposed acquisition of Warner Bros Discovery alongside cash and term loans.
“Paramount plans a forty-four-point-four-billion-dollar bond offering to help finance its proposed acquisition of Warner Bros Discovery alongside cash and term loans. The enormous debt package reveals the financial scale behind consolidation that would combine major film studios, television networks and streaming operations. Bond investors will now price the risk of funding integration while Paramount must persuade regulators and markets that the combined business can deliver returns. For broadcasters and producers, the outcome could reshape commissioning power, rights negotiations and global distribution across some of entertainment's biggest brands.”Watch the full briefing