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Politics·Big Tech

Who will close Warner Bros. acquisition?

Market icon
Politics·Big Tech

Who will close Warner Bros. acquisition?

Paramount 71%

None by June 30, 2027 21%

Comcast 1.2%

Netflix <1%

Polymarket

$1,027,461 Vol.

Paramount 71%

None by June 30, 2027 21%

Comcast 1.2%

Netflix <1%

Polymarket

$1,027,461 Vol.

Paramount

$443,788 Vol.

71%

None by June 30, 2027

$160,604 Vol.

21%

Comcast

$202,559 Vol.

1%

Netflix

$220,510 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.Trader consensus heavily favors Paramount at 71% implied probability to close the Warner Bros. Discovery acquisition, driven by the definitive $111 billion merger agreement signed February 27, 2026, enhanced funding commitments including $24 billion from Middle East sovereign wealth funds secured in early April, and an imminent shareholder vote on April 23. Paramount Skydance outbid rivals like Netflix, which declined to raise its offer, and Comcast, sidelining them at under 2% odds. The 20.5% chance of no deal by June 30, 2027, reflects antitrust scrutiny from the DOJ—evidenced by its February second-request for information—and opposition from over 2,000 Hollywood figures citing consolidation risks, though CEO David Ellison pledged sustained film output. Regulatory approvals remain the key hurdle ahead.

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
$1,027,461
End Date
Jun 30, 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.
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.Trader consensus heavily favors Paramount at 71% implied probability to close the Warner Bros. Discovery acquisition, driven by the definitive $111 billion merger agreement signed February 27, 2026, enhanced funding commitments including $24 billion from Middle East sovereign wealth funds secured in early April, and an imminent shareholder vote on April 23. Paramount Skydance outbid rivals like Netflix, which declined to raise its offer, and Comcast, sidelining them at under 2% odds. The 20.5% chance of no deal by June 30, 2027, reflects antitrust scrutiny from the DOJ—evidenced by its February second-request for information—and opposition from over 2,000 Hollywood figures citing consolidation risks, though CEO David Ellison pledged sustained film output. Regulatory approvals remain the key hurdle ahead.

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
$1,027,461
End Date
Jun 30, 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.

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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 71%, followed by "None by June 30, 2027" at 21%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 71¢ implies that the market collectively assigns a 71% 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 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 71%, meaning the market assigns a 71% chance to that outcome. The next closest outcome is "None by June 30, 2027" at 21%. 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.