IE 11 is not supported. For an optimal experience visit our site on another browser.Paramount’s proposed merger with Warner Bros. carries a steep price for delay: roughly $650 million a quarter starting Oct. 1.David Ellison, Paramount Skydance's chief executive, said he's "confident we’ll close the transaction" with Warner Bros. Discovery. Anisha Chopra / Getty Images; Adobe StockAug. 7, 2026, 3:00 PM EDTParamount Skydance knows the clock is ticking.Just a moment.We are getting your experience ready.