Skydance's Paramount-WBD company worth $29bn net of debt

Skydance's combined Paramount-Warner Bros. Discovery company is worth $29B net of debt, media analyst Evan Shapiro calculates. The $29B is net asset value, meaning assets minus debt, after $81B in debt taken on day one of trading, Deadline reported on 12 October 2026. Shapiro puts the WBD price at $111B.