Business
Paramount finishes $110bn Warner Bros Discovery deal, creates Skydance
The merger creates a media conglomerate combining Paramount, Warner Bros, HBO and CBS assets under the new name Skydance, with David Ellison as chairman and CEO.
Paramount completes $110 billion acquisition of Warner Bros. Discovery, forming Skydance
The deal, closed on October 6 2026, creates one of the largest media conglomerates, combining Paramount and Warner Bros. Discovery under the Skydance name.