John Oliver addressed Paramount’s acquisition of Warner Bros. Discovery during Sunday night’s episode of “Last Night Tonight.”
“We might be getting a new business daddy!,” Oliver quipped at the beginning of Sunday night’s show. “Last Week Tonight” airs on HBO, which sits within Warner Bros. Discovery. Under the announced terms, Paramount plans to buy all outstanding WBD shares at $31 per share in cash, with the companies saying the deal is expected to close in Q3 2026, subject to regulatory clearances and WBD shareholder approval.
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