> ## Content Index
> Fetch the complete content index at: https://www.medianexis.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Dealmakers: Paramount-WBD merger proves ‘tech has won’ in media
- URL: https://www.medianexis.com/dealmakers-paramount-wbd-merger-proves-tech-has-won-in-media/
- Published: 2026-09-25T22:00:11.000Z
- Updated: 2026-10-09T00:06:36.000Z
- Description: Deadline’s Dade Hayes reports that at the FT Business of Entertainment Summit, Simpson Thacher partner David Hernand called the $110 billion Paramount-WBD deal evidence that “tech has won,” with distribution now dominated by tech giants.
- Author: The Signals Desk
- Tags: Streaming, Dade Hayes, Paramount buys Warner Bros. Discovery and becomes Skydance

**Why it matters.** Apollo’s stake means traditional media consolidation now has private-equity capital betting against Big Tech’s distribution advantage.

*Signal from* [*deadline.com*](https://deadline.com/?ref=medianexis.com) *·* [*Dade Hayes*](https://www.medianexis.com/tag/by-dade-hayes/) *·* [*read the original*](https://deadline.com/2026/09/paramount-wbd-merger-dealmakers-tech-1237112727/?ref=medianexis.com)*.*