Paramount Skydance completed its merger with Warner Brothers Discovery on 6 October 2026. Warner Brothers Discovery shareholders received $31.01666668 cash in the merger. The amount of the final cash payment was included in the press release announcing the completion of the merger on the Skydance web site at https://ir.skydance.com/news-releases/news-release-details/paramount-completes-acquisition-warner-bros-discovery-creating

Paramount Skydance changed its name and ticker symbol after the merger to Skydance Corporation and SKYD respectively.

This is a taxable event for Warner Brothers Discovery shareholders. It is treated as a sale of Warner Brothers Discovery shares for the cash received. Under the terms of the agreement Warner Brothers Discovery shareholders are selling their shares to Skydance. 

The Sale Entry Go to Accounting > Securities > Sell in myICLUB.
Here is the information needed for Warner Brothers Discovery shareholders to complete the sale portion of the merger.

Step 1

• Date: 10/6/2026
• Symbol: WBD (Warner Brothers Discovery)

Step 2

• Shares Sold : All shares of WBD ( You can use the Sell All link to include all WBD shares owned.)
• Sale Total : 31.01666668 x (# of Warner Brothers Discovery shares owned)
  • For example, if you owned 100 WBD shares, you enter 31.01666668 x 100 = 31.02 (rounded)
  • (Check your broker statement for actual cash received as rounding may be different.)
• Commission and Fees : See your broker statement.

Save the transaction and the merger as a sell is completed.