• Paramount Skydance extended cash tender offers for certain Discovery Global Holdings and Discovery Communications senior notes.
• Expiration moved to 5:00 p.m. New York time on Aug. 21, 2026; settlement expected in Q3 2026.
• Exchange offers for additional WBD issuer senior notes were also extended to the same deadline; new notes would be issued by Paramount.
• As of Aug. 6, 2026, 65.43% of tender-offer notes and 76.04% of exchange-offer notes had been validly tendered.
• Timing is being aligned with the proposed Paramount acquisition of Warner Bros. Discovery.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paramount Skydance Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: NY21885) on August 07, 2026, and is solely responsible for the information contained therein.