WBD

The past six months have been significantly impacted by acquisition discussions, with competing bids from Netflix, Paramount, and Comcast. Paramount Skydance announced a definitive agreement to acquire Warner Bros. Discovery for $110.9 billion at $31 per share in cash, which WBD shareholders approved on April 23, 2026, though it still awaits approval from U.S. federal regulators. Warner Bros. Discovery reported its first-quarter 2026 results on May 6, 2026, with total revenues decreasing 3% year-over-year to $8.9 billion and a net loss of $2.9 billion, including a $2.8 billion termination fee paid to Netflix. As of May 8, 2026, the stock was trading around $27.11, representing a 200.89% increase over the past 12 months, but a 1.60% decrease over the past 30 days.