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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 95.7%

None by June 30, 2027 1.2%

Comcast <1%

Netflix <1%

Polymarket

$1,298,161 Vol.

Paramount 95.7%

None by June 30, 2027 1.2%

Comcast <1%

Netflix <1%

Polymarket

$1,298,161 Vol.

Paramount

$562,212 Vol.

96%

None by June 30, 2027

$239,272 Vol.

1%

Comcast

$238,181 Vol.

1%

Netflix

$258,496 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 holds a commanding 95.9% implied probability in the market because it secured shareholder approval for the Warner Bros. Discovery acquisition in April 2026, obtained U.S. Department of Justice clearance in June, and reached a settlement with state attorneys general on September 21 that resolves the remaining antitrust litigation. The agreement includes commitments on theatrical releases, editorial independence for news operations, and increased domestic film spending, removing the last major regulatory obstacle ahead of an expected close within weeks. Other bidders such as Netflix withdrew earlier after Paramount’s all-cash offer proved superior, while Comcast and alternative outcomes remain marginal. A judge’s upcoming review of the settlement or unforeseen financing or procedural delays represent the narrow paths that could still alter the outcome before the June 2027 resolution window.

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
$1,298,161
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 holds a commanding 95.9% implied probability in the market because it secured shareholder approval for the Warner Bros. Discovery acquisition in April 2026, obtained U.S. Department of Justice clearance in June, and reached a settlement with state attorneys general on September 21 that resolves the remaining antitrust litigation. The agreement includes commitments on theatrical releases, editorial independence for news operations, and increased domestic film spending, removing the last major regulatory obstacle ahead of an expected close within weeks. Other bidders such as Netflix withdrew earlier after Paramount’s all-cash offer proved superior, while Comcast and alternative outcomes remain marginal. A judge’s upcoming review of the settlement or unforeseen financing or procedural delays represent the narrow paths that could still alter the outcome before the June 2027 resolution window.

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
$1,298,161
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 98%, followed by "None by June 30, 2027" at 1%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 98¢ implies that the market collectively assigns a 98% 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 98%, meaning the market assigns a 98% 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.