AEW News: Paramount reportedly planning bid for WBD

In the constantly changing world of content creation, Paramount Skydance — one of the newest media partners for TKO — is reportedly preparing to make a bid for primary AEW media partner Warner Bros. Discovery.

On Thursday, the Wall Street Journal first reported that the David Ellison-backed Paramount Skydance is preparing to offer a majority cash bid for the entire company which would include the TV side and movies /streaming side which were set to split in 2026.

No official bid has been made and any such move would result in U.S. regulatory approval which, given the relationships between the Ellison family and the Trump regime, is not seen as an impedance. It’s unknown how much the offer would be for given WBD’s current debt load of roughly $35 billion.

Ellison’s Skydance recently closed on the sale for Paramount and all of its assets for $8.4 billion and then shortly thereafter, acquired the domestic TV rights for UFC events for seven years and more than $7 billion to air on the streaming service.

While Paramount doesn’t have any pro wrestling content on its platform, WBD certainly does with AEW whose deal runs through 2027 with an option year held by WBD.

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