{
  "_notice": {
    "type": "free_key_offer",
    "message": "Free and anonymous access is staying. If this endpoint is in your pipeline, a free key adds advance notice before any schema change or deprecation. POST /v1/keys {\"email\": \"you@firm.com\"} — nothing else required. Something broken or missing? hello@clearmarket.fyi reaches a human.",
    "docs": "https://clearmarket.fyi/for-data/",
    "policy": "This field is additive and its shape will not change."
  },
  "event_id": "CM-EVT-XQF90F9464",
  "slug": "will-paramount-close-warner-bros-acquisition-by-end-of-2026",
  "question": "Will Paramount close its acquisition of Warner Bros. by the end of 2026?",
  "category": "financials",
  "event_type": "BINARY",
  "ladder_distribution": null,
  "tags": [
    "financials",
    "paramount-warner-bros",
    "media-merger",
    "corporate-acquisition",
    "finance-2026",
    "deal-closure"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "This event tracks whether Paramount Global will complete its acquisition of Warner Bros. Discovery by December 31, 2026. Resolution relies on Polymarket's UMA Optimistic Oracle, referencing official company communications and regulatory filings from both firms. No cross-platform structural contrast is available; only one market exists. Antitrust clearance and deal financing timelines are the primary resolution variables.",
  "venues_covered": [
    "polymarket"
  ],
  "primary_market_id": "CM-MKT-Y73TDGFPP5",
  "current_primary_mark": {
    "last_price": 0.525,
    "implied_probability": 0.525
  },
  "created_at": "2026-07-06T00:30:45.836226+00:00",
  "updated_at": "2026-07-06T00:30:45.836226+00:00",
  "markets": [
    {
      "market_id": "CM-MKT-Y73TDGFPP5",
      "event_id": "CM-EVT-XQF90F9464",
      "platform": "polymarket",
      "platform_market_id": "0x745bad0ff4724aab8a5e52ce4fe1558a493fb248a679b51f54bbe21923979f02",
      "question": "Will Paramount close Warner Bros. acquisition by end of 2026?",
      "description": "This market will resolve to “Yes” if, Paramount (directly or through a subsidiary) acquires control of Warner Bros. Discovery's studios and streaming businesses by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.\n\nResolution will be based on official company communications and regulatory filings from Paramount and Warner Bros. Discovery (or any successor entities), supplemented as needed by a consensus of reporting from major reputable news outlets.",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Official company communications and regulatory filings from Paramount and Warner Bros. Discovery, supplemented by major reputable news outlets' reporting on whether Paramount acquired control of Warner Bros. Discovery's studios and streaming businesses by December 31, 2026.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve to “Yes” if, Paramount (directly or through a subsidiary) acquires control of Warner Bros. Discovery's studios and streaming businesses by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.\n\nResolution will be based on official company communications and regulatory filings from Paramount and Warner Bros. Discovery (or any successor entities), supplemented as needed by a consensus of reporting from major reputable news outlets.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "no_committed_source",
        "source_citation": null,
        "sources": [
          {
            "name": "official company communications",
            "url": null,
            "provenance": "clearmarket_editorial"
          },
          {
            "name": "regulatory filings from Paramount and Warner Bros. Discovery",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "uncommitted",
        "source_commitment_subtype": "uncommitted_placeholder",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 62,
        "caps": [
          "commitment_uncommitted_placeholder"
        ],
        "applied_factors": 7
      },
      "last_price": 0.525,
      "implied_probability": 0.525,
      "volume_24h_usd": 1060.972378,
      "volume_total_usd": 132544.01751699988,
      "settlement_style": "occurrence",
      "direction": "occurrence",
      "threshold": null,
      "question_id": "CMX-47DBDDBA7C",
      "also_on": null,
      "tags": [
        "m&a",
        "media",
        "paramount",
        "paramount warner bros",
        "warner bros."
      ],
      "eligibility_screens": null
    }
  ],
  "resolution_log": [],
  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-XQF90F9464",
    "terms": "Attribution required. clearmarket.fyi"
  }
}