Cardinale Calls Ellison 'Future' of Hollywood Amid Paramount-Warner Deal
RedBird founder Gerry Cardinale defends the $110 billion merger, dismissing fears it will harm the industry and praising David Ellison's leadership.
The odds
Each tick is a source publishing on this story
Price data
| Time | Chance of yes |
|---|---|
| now | 99% |
| 2 Oct, 14:07 UTC | 100% |
| 2 Oct, 05:05 UTC | 99% |
| 2 Oct, 00:49 UTC | 99% |
| 1 Oct, 17:14 UTC | 99% |
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| 30 Sept, 23:39 UTC | 99% |
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| 25 Sept, 14:54 UTC | 96% |
Replay the odds, article by article
Step through each article in the order it published and watch Will Paramount close Warner Bros acquisition? respond.
The story so far
2 publishers have covered this in 5 articles since 1 Oct 2026. Bloomberg Markets published first, on 1 October at 23:22 UTC; Quartz followed 13h 50m later. The most recent article, from Quartz, appeared on 2 October at 13:20 UTC.
Outlets reporting it: Bloomberg Technology (major outlet), Quartz.
3 prediction markets price this story:
- Will Paramount close Warner Bros acquisition? — the market puts it at 99%, with $132 traded in the last 24 hours. The market resolves to "Yes" if Paramount completes an acquisition that transfers control of Warner Bros. Discovery's studios and streaming businesses by June 30, 2027, at 11:59 PM ET. It resolves to "No" if no other entity acquires this specific control within the deadline or if only linear television assets are transferred.
- Paramount — the market puts it at 99%, with $3k traded in the last 24 hours, closing 1 Jul 2027. The market resolves to Yes if there are qualifying public announcements indicating that Paramount successfully takes over Warner Bros. before July 2027. Otherwise, it resolves to No. Readers often mistake the deadline as the end of the announcement period rather than the cutoff for when the takeover must be confirmed.
- Will Paramount close Warner Bros. acquisition by end of 2026? — the market puts it at 99%, with $127 traded in the last 24 hours, closing 1 Jan 2027. The market resolves to Yes if Paramount acquires control of Warner Bros. Discovery's studios and streaming businesses by December 31, 2026, at 11:59 PM ET. It resolves to No if this acquisition does not occur within that specific timeframe. Readers often mistake the linked news story about antitrust talks for the actual closing of the deal.
Odds are the market's probability that the outcome happens, updated every few minutes. They are information about what traders expect, not a forecast we make and not investment advice.
How it unfolded
Every source in the order it published, with the odds on Will Paramount close Warner Bros acquisition? at that moment. A dash means the source published before we started tracking prices.
- Bloomberg MarketsRedBird's Cardinale on Paramount Future & Investing99%
- Bloomberg MarketsParamount Dealmaker Says Warner Merger Is About Growth, Not Cuts99%
- Bloomberg TechnologyParamount Backer Cardinale Says CEO David Ellison Is the ‘Future’ of Hollywood99%
- QuartzParamount backer Gerry Cardinale calls David Ellison the 'future' of Hollywood99%
- QuartzParamount-Unterstützer Gerry Cardinale nennt David Ellison die „Zukunft“ Hollywoods.99%
- Current odds99%
Sources
Every article we clustered into this story. Headlines link to the publisher.
- Paramount Backer Cardinale Says CEO David Ellison Is the ‘Future’ of Hollywood Bloomberg Technology ·
- Paramount Dealmaker Says Warner Merger Is About Growth, Not Cuts Bloomberg Markets ·
- RedBird's Cardinale on Paramount Future & Investing Bloomberg Markets ·
- Paramount-Unterstützer Gerry Cardinale nennt David Ellison die „Zukunft“ Hollywoods. Quartz
- Paramount backer Gerry Cardinale calls David Ellison the 'future' of Hollywood Quartz
Markets on this story
- Polymarket Will Paramount close Warner Bros acquisition? 99%
Does the market have this right?
Wrong market?
- Kalshi Paramount 99%
Does the market have this right?
Wrong market?
- Polymarket Will Paramount close Warner Bros. acquisition by end of 2026? 99%
Does the market have this right?
Wrong market?
Have your say
Email me when the odds move
In this story
- Gerry Cardinale
- David Ellison
- Paramount Skydance Corp.
- Warner Bros. Discovery Inc.
- RedBird Capital Partners