Paramount Completes $110 Billion Warner Bros. Merger, Forms Skydance

Paramount Completes $110 Billion Warner Bros. Merger, Forms Skydance

Paramount closed its $110 billion acquisition of Warner Bros. Discovery on Tuesday, creating a new media giant called Skydance Corp. under CEO David Ellison. The combined company brings together studios, HBO Max, Paramount+, CBS, and CNN under one corporate roof, with $6 billion in cost savings targeted.

Hot on The week ending October 7, 2026 · #8 story of that period · 45 articles from 27 sources