WBD News & Events

Mixed options sentiment in Warner Bros. Discovery (WBD), with shares up 9c, or 0.33%, near $27.16. Options volume relatively light with 5873 contracts traded and puts leading calls for a put/call ratio of 1.63, compared to a typical level near 3.75. Implied volatility (IV30) dropped 0.33 near 14.44,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.25. Put-call skew steepened, indicating increased demand for downside protection.

Warner Bros. Discovery (WBD) announced that it will hold the Special Meeting of Shareholders to vote on the merger with Paramount Skydance (PSKY) on April 23, 2026 at 10:00 a.m. Eastern Time. It also announced that it has commenced mailing of the definitive proxy statement to shareholders in connection with the Special Meeting. WBD shareholders of record as of 5:00 p.m. Eastern Time on March 20, 2026 will be entitled to vote at the Special Meeting. The WBD Board unanimously recommends shareholders vote FOR the Paramount merger.