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icon for Who will close Warner Bros. acquisition?
Politics·Big Tech

Who will close Warner Bros. acquisition?

icon for Who will close Warner Bros. acquisition?
Politics·Big Tech

Who will close Warner Bros. acquisition?

Paramount 99.0%

None by June 30, 2027 1.2%

Comcast <1%

Netflix <1%

Polymarket

$1,294,244 Vol.

Paramount 99.0%

None by June 30, 2027 1.2%

Comcast <1%

Netflix <1%

Polymarket

$1,294,244 Vol.

Paramount

$558,297 Vol.

99%

None by June 30, 2027

$239,272 Vol.

1%

Comcast

$238,181 Vol.

<1%

Netflix

$258,495 Vol.

<1%

This market will resolve according to the first entity that acquires control of Warner Bros. Discovery's studios and streaming businesses by June 30, 2027, 11:59 PM ET. Transactions that involve only Warner Bros. Discovery's linear television networks, news channels, or other non-studio, non-streaming assets, without also transferring control of its studios and streaming businesses, will not qualify. Announcements of non-finalized arrangements — including, the currently announced Netflix agreement to acquire Warner Bros. Discovery’s studios and streaming businesses — will not qualify. If no entity acquires control of Warner Bros. Discovery's studios and streaming businesses by June 30, 2027, 11:59 PM ET, this market will resolve to "None by June 30 2027". Resolution will be based on by a consensus of reporting.Paramount's commanding 99% market position stems from the September 21, 2026, out-of-court settlement resolving the multistate antitrust lawsuit that had paused the $111 billion acquisition of Warner Bros. Discovery. This followed DOJ antitrust clearance in June, shareholder approval in April, and approvals from the European Commission and other regulators, with Paramount agreeing to concessions including annual theatrical film quotas, editorial oversight boards for CNN and CBS News, and increased U.S. production spending. The transaction, announced in February after Netflix declined to match Paramount's superior all-cash bid, now faces only routine closing steps and is projected to finalize well before the June 2027 cutoff. Remaining low-probability alternatives for Comcast or Netflix would require a sudden reversal of the binding merger agreement, while a failure to close by the deadline appears unlikely given the cleared regulatory path.

This market will resolve according to the first entity that acquires control of Warner Bros. Discovery's studios and streaming businesses by June 30, 2027, 11:59 PM ET.

Transactions that involve only Warner Bros. Discovery's linear television networks, news channels, or other non-studio, non-streaming assets, without also transferring control of its studios and streaming businesses, will not qualify.

Announcements of non-finalized arrangements — including, the currently announced Netflix agreement to acquire Warner Bros. Discovery’s studios and streaming businesses — will not qualify.

If no entity acquires control of Warner Bros. Discovery's studios and streaming businesses by June 30, 2027, 11:59 PM ET, this market will resolve to "None by June 30 2027".

Resolution will be based on by a consensus of reporting.This market will resolve according to the first entity that acquires control of Warner Bros. Discovery's studios and streaming businesses by June 30, 2027, 11:59 PM ET. Transactions that involve only Warner Bros. Discovery's linear television networks, news channels, or other non-studio, non-streaming assets, without also transferring control of its studios and streaming businesses, will not qualify. Announcements of non-finalized arrangements — including, the currently announced Netflix agreement to acquire Warner Bros. Discovery’s studios and streaming businesses — will not qualify. If no entity acquires control of Warner Bros. Discovery's studios and streaming businesses by June 30, 2027, 11:59 PM ET, this market will resolve to "None by June 30 2027". Resolution will be based on by a consensus of reporting.
Volume
$1,294,244
End Date
Jul 1, 2027
Market Opened
Dec 8, 2025, 1:00 PM ET

Resolver

0x2f5e3684c...
This market will resolve according to the first entity that acquires control of Warner Bros. Discovery's studios and streaming businesses by June 30, 2027, 11:59 PM ET. Transactions that involve only Warner Bros. Discovery's linear television networks, news channels, or other non-studio, non-streaming assets, without also transferring control of its studios and streaming businesses, will not qualify. Announcements of non-finalized arrangements — including, the currently announced Netflix agreement to acquire Warner Bros. Discovery’s studios and streaming businesses — will not qualify. If no entity acquires control of Warner Bros. Discovery's studios and streaming businesses by June 30, 2027, 11:59 PM ET, this market will resolve to "None by June 30 2027". Resolution will be based on by a consensus of reporting.Paramount's commanding 99% market position stems from the September 21, 2026, out-of-court settlement resolving the multistate antitrust lawsuit that had paused the $111 billion acquisition of Warner Bros. Discovery. This followed DOJ antitrust clearance in June, shareholder approval in April, and approvals from the European Commission and other regulators, with Paramount agreeing to concessions including annual theatrical film quotas, editorial oversight boards for CNN and CBS News, and increased U.S. production spending. The transaction, announced in February after Netflix declined to match Paramount's superior all-cash bid, now faces only routine closing steps and is projected to finalize well before the June 2027 cutoff. Remaining low-probability alternatives for Comcast or Netflix would require a sudden reversal of the binding merger agreement, while a failure to close by the deadline appears unlikely given the cleared regulatory path.

This market will resolve according to the first entity that acquires control of Warner Bros. Discovery's studios and streaming businesses by June 30, 2027, 11:59 PM ET.

Transactions that involve only Warner Bros. Discovery's linear television networks, news channels, or other non-studio, non-streaming assets, without also transferring control of its studios and streaming businesses, will not qualify.

Announcements of non-finalized arrangements — including, the currently announced Netflix agreement to acquire Warner Bros. Discovery’s studios and streaming businesses — will not qualify.

If no entity acquires control of Warner Bros. Discovery's studios and streaming businesses by June 30, 2027, 11:59 PM ET, this market will resolve to "None by June 30 2027".

Resolution will be based on by a consensus of reporting.This market will resolve according to the first entity that acquires control of Warner Bros. Discovery's studios and streaming businesses by June 30, 2027, 11:59 PM ET. Transactions that involve only Warner Bros. Discovery's linear television networks, news channels, or other non-studio, non-streaming assets, without also transferring control of its studios and streaming businesses, will not qualify. Announcements of non-finalized arrangements — including, the currently announced Netflix agreement to acquire Warner Bros. Discovery’s studios and streaming businesses — will not qualify. If no entity acquires control of Warner Bros. Discovery's studios and streaming businesses by June 30, 2027, 11:59 PM ET, this market will resolve to "None by June 30 2027". Resolution will be based on by a consensus of reporting.
Volume
$1,294,244
End Date
Jul 1, 2027
Market Opened
Dec 8, 2025, 1:00 PM ET

Resolver

0x2f5e3684c...

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Frequently Asked Questions

"Who will close Warner Bros. acquisition?" is a prediction market on Polymarket with 4 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "Paramount" at 99%, followed by "None by June 30, 2027" at 1%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 99¢ implies that the market collectively assigns a 99% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Who will close Warner Bros. acquisition?" has generated $1.3 million in total trading volume since the market launched on Dec 8, 2025. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Who will close Warner Bros. acquisition?," browse the 4 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current frontrunner for "Who will close Warner Bros. acquisition?" is "Paramount" at 99%, meaning the market assigns a 99% chance to that outcome. The next closest outcome is "None by June 30, 2027" at 1%. These odds update in real-time as traders buy and sell shares, so they reflect the latest collective view of what's most likely to happen. Check back frequently or bookmark this page to follow how the odds shift as new information emerges.

The resolution rules for "Who will close Warner Bros. acquisition?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.