Market Chatter: Paramount Skydance Gets $4 Billion From RedBird for Warner Bros. Discovery Purchase
MT newswire2026/10/06 14:4610:46 AM EDT, 10/06/2026 (MT Newswires) -- Paramount Skydance (PSKY) has secured $4 billion in new equity financing from RedBird Capital Partners to fund its purchase of Warner Bros. Discovery (WBD), Bloomberg reported Tuesday, citing a person familiar with the investment. The commitment lifts the total from Gerry Cardinale's investment firm in the combined company, which will be called Skydance (SKYD), to $6 billion, the report added. RedBird Capital Partners, Paramount Skydance and Warner Bros. Discovery did not immediately respond to MT Newswires' request for comment. Paramount Skydance has completed its acquisition of Warner Bros. Discovery, creating a combined company called Skydance, the new entity said Tuesday. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 9.59, Change: -0.19, Percent Change: -1.89
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