SimpleFunctions
Winner-take-all · 2 outcomes2 contractsPolymarketrefreshed 4 min agoCloses Jun 30, 2027 · 417d

Who will close Warner Bros. acquisition

Leader sits at 69% across 2 bound outcomes, runner-up at 13%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

69%

Paramount

runner-up 13¢leader 69¢

Outcomes

2

winner-take-all

Runner-up

13¢

None by June 30, 2027

Spread

56pp

dominant leader

24h volume

$889

thin orderbook

Closes

Jun 30, 2027

417 days

Venue

Polymarket

2 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayParamount: 74% (27 days, 26 points)Paramount: 74% on 2026-05-07None by June 30, 2027: 18% (27 days, 21 points)None by June 30, 2027: 18% on 2026-05-03
Paramount74¢None by June 30, 202718¢
Top 2 candidates by current price · 27d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

This 72% probability reflects market participants' assessment that Warner Bros. will complete its acquisition, indicating strong confidence in deal closure. The high probability likely reflects favorable regulatory signals, financing certainty, or recent positive announcements about the transaction's progress. Conversely, factors that could lower this probability include regulatory concerns, financing complications, or major corporate developments affecting either party. The resolution will depend on whether the acquisition formally closes through to completion, with key milestones including regulatory approval timelines, shareholder votes, and any financing condition satisfaction. Market participants are pricing in deal completion as the more likely outcome, though the 17% runner-up position and 28% implied failure rate suggest meaningful deal risk remains.

  • Regulatory approval status and any outstanding conditions from antitrust or sector-specific regulators
  • Financing commitments and debt market conditions that enable deal completion
  • Shareholder votes or required approvals from both Warner Bros. and acquiring entity
  • Material changes to either company's financial performance or strategic direction since deal announcement
  • Contractual termination clauses, reverse termination fees, or walk-away rights triggered by specific events

Recently closed in general

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

Lateral coverage

Thin contract — here's where the deeper coverage is.

This page aggregates 2 contracts (69% headline). At low contract count, the price reflects two participants’ opinions, not a market consensus. The links below are heavier related questions where the orderbook signal is real.

How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.

Last updated on this page: 4 min ago.