While Disney has officially confirmed it is not participating in a buyout of WBD, other companies like Paramount Skydance have reached agreements to acquire the company. Why the Acquisition Has Not Happened

As of April 2026, . While rumors frequently resurface due to Disney's history of major acquisitions like Marvel and Fox, DC remains under the ownership of Warner Bros. Discovery (WBD) .

Warner Bros. Discovery is currently undergoing a split into two separate publicly traded companies: Streaming & Studios (which includes DC Studios and DC Comics) and Global Networks .