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Description
Warner Bros. Discovery’s studios and streaming businesses will see a change in control by June 30, 2027 (11:59 PM ET) if the first entity acquired control. Transactions limited to non-studio assets do not qualify, nor do announcements of non-finalized arrangements. Settlement relies on a consensus of credible reporting to identify the first qualifying acquirer.
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Rules
This market will resolve according to the first entity that acquires control of Warner Bros. Discovery's studios and streaming businesses by June 30, 2027, 11:59 PM ET. Transactions that involve only Warner Bros. Discovery's linear television networks, news channels, or other non-studio, non-streaming assets, without also transferring control of its studios and streaming businesses, will not qualify. Announcements of non-finalized arrangements — including, the currently announced Netflix agreement to acquire Warner Bros. Discovery’s studios and streaming businesses — will not qualify. If no entity acquires control of Warner Bros. Discovery's studios and streaming businesses by June 30, 2027, 11:59 PM ET, this market will resolve to "None by June 30 2027". Resolution will be based on by a consensus of reporting.