• Paramount Skydance plans to combine with Warner Bros. Discovery via a merger that would leave WBD as a wholly owned subsidiary.
• Canada’s statutory waiting period for the deal expired at 12:00 a.m. ET on June 20, 2026, removing a closing obstacle there.
• South Africa’s Competition Commission cleared the transaction on June 19, 2026.
• The deal still requires additional regulatory clearances in other jurisdictions before it can close.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paramount Skydance Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-075961), on June 22, 2026, and is solely responsible for the information contained therein.