Paramount leads trader consensus at 71.5% implied probability after Warner Bros. Discovery's board approved its $110 billion all-cash acquisition offer at $31 per share as a superior proposal on February 27, 2026, following Netflix's withdrawal from a prior $87 billion deal the day before. The definitive merger agreement includes a ticking fee for delays beyond September 2026, bolstering momentum amid the ended bidding war where Comcast showed minimal interest. Recent March 26 announcement sets a shareholder vote for April 23, heightening optimism, though traders assign 23.5% to no deal by June 30, 2027, citing antitrust scrutiny from FTC and DOJ over overlapping news assets like CNN and CBS, plus the combined entity's $79 billion debt load. Regulatory clearances remain the key hurdle before a targeted Q3 close.
Experimental AI-generated summary referencing Polymarket data · UpdatedParamount 72%
None by June 30, 2027 24%
Netflix <1%
Comcast <1%
$965,409 Vol.
$965,409 Vol.
Paramount
72%
None by June 30, 2027
24%
Netflix
1%
Comcast
<1%
Paramount 72%
None by June 30, 2027 24%
Netflix <1%
Comcast <1%
$965,409 Vol.
$965,409 Vol.
Paramount
72%
None by June 30, 2027
24%
Netflix
1%
Comcast
<1%
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.
Market Opened: Dec 8, 2025, 1:00 PM ET
Resolver
0x2F5e3684c...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.
Resolver
0x2F5e3684c...Paramount leads trader consensus at 71.5% implied probability after Warner Bros. Discovery's board approved its $110 billion all-cash acquisition offer at $31 per share as a superior proposal on February 27, 2026, following Netflix's withdrawal from a prior $87 billion deal the day before. The definitive merger agreement includes a ticking fee for delays beyond September 2026, bolstering momentum amid the ended bidding war where Comcast showed minimal interest. Recent March 26 announcement sets a shareholder vote for April 23, heightening optimism, though traders assign 23.5% to no deal by June 30, 2027, citing antitrust scrutiny from FTC and DOJ over overlapping news assets like CNN and CBS, plus the combined entity's $79 billion debt load. Regulatory clearances remain the key hurdle before a targeted Q3 close.
Experimental AI-generated summary referencing Polymarket data · Updated



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