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27 Feb 2026

Debevoise Advises Warner Bros. Discovery on Sale to Paramount Skydance at $110 Billion Enterprise Value

"Debevoise & Plimpton LLP advised Warner Bros. Discovery, Inc. in its sale to Paramount Skydance (NASDAQ: PSKY) at an enterprise value of $110 billion."

Debevoise & Plimpton LLP represented Warner Bros. Discovery, Inc. in its sale to Paramount Skydance (NASDAQ: PSKY). The transaction involves the sale of Warner Bros. Discovery to Paramount Skydance at an enterprise value of $110 billion. Debevoise & Plimpton LLP represented Warner Bros. Discovery, Inc. with a team composed by: M&A partners Jonathan Levitsky, Erik Andrén, Gordon Moodie and Katherine Durnan Taylor; employee benefits and executive compensation partner Simone Hicks; IP and technology transactions partner Henry Lebowitz; capital markets partners Benjamin Pedersen and Matthew Kaplan; finance partners Ryan Rafferty and Ramya Tiller; and tax partners Peter Schuur and Erin Cleary. The team also included M&A partners John Love and William Regner; of counsel Jeffrey Rosen; counsel Sarah Jacobson and Molly Stockley; associates Amanda Blazek, Robert Geren, Grace Huang, Richard Hughes, Rekha Korlipara, Victoria Li and Tomohiro Numahata; and law clerks Jason Bach, Tyler Lorenzen and Nicholas Paruta. Finance counsel Jonathon Yeung and finance associates Talia Lorch and Marta Poplawski were part of the team. Capital markets associates Emily Espinel, Jasmine Fong, Alice Gu, Ramsha Khursheed and Maayan Stein assisted on capital markets matters. Tax counsel Ben Lee Friedman and tax associates Olivia Coral Daniels, Harshil Mehta and Isabel Shipman advised on tax matters. Employee benefits and executive compensation of counsel Lawrence Cagney, counsel Sam Whitaker and Wendy Widman, together with associates Gregory Kramer, Alexandra Schoellkopf and Samuel Siegel, advised on benefits and executive compensation. IP and technology transactions associates Yinran Pan and Natalie Mauch and law clerk Alice Zheng supported IP and technology matters. Litigation was handled by partners Susan Reagan Gittes and Mark Goodman and associate Amy Zimmerman.
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