Warner Bros. Leads Oscars With 11 Wins as Paramount Skydance Deal Nears

Conflicting valuations on a reported Paramount Skydance takeover signal a consolidation push toward a 30‑film yearly slate.

Overview

Warner Bros. Discovery collected 11 Oscars, led by One Battle After Another with six wins including best picture, best director and best supporting actor.
Michael B. Jordan won best actor for Sinners and thanked the studio for “betting on original ideas and artistry,” while Amy Madigan took best supporting actress for Weapons.
Reports say Paramount agreed last month to acquire Warner Bros. Discovery, with the price cited as $81 billion by some outlets versus $110 billion by another.
Paramount projects roughly $6 billion in cost savings and has outlined a combined release plan of about 30 films per year across the two banners.
Warner’s studio adjusted EBITDA rose 54% to $2.55 billion last year as recent hits buoyed results, while other Oscar winners included Netflix with seven, Focus Features for best actress, 20th Century Studios for visual effects and Apple for best sound.