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Who will close Warner Bros. acquisition?

Market icon

Who will close Warner Bros. acquisition?

Paramount 72%

None by June 30, 2027 24%

Netflix <1%

Comcast <1%

Polymarket

$965,409 Vol.

Paramount 72%

None by June 30, 2027 24%

Netflix <1%

Comcast <1%

Polymarket

$965,409 Vol.

Paramount

$429,097 Vol.

72%

None by June 30, 2027

$151,706 Vol.

24%

Netflix

$213,169 Vol.

1%

Comcast

$171,436 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 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.

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
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 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.

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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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 72%, followed by "None by June 30, 2027" at 24%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 72¢ implies that the market collectively assigns a 72% 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 $965.4K 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 72%, meaning the market assigns a 72% chance to that outcome. The next closest outcome is "None by June 30, 2027" at 24%. 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.