Paramount Skydance has officially closed its merger with Warner Bros. Discovery, beating out a rival Netflix bid, and now controls HBO, CBS, CNN, TNT Sports and franchises like Harry Potter and Star Trek. The deal, backed partly by Saudi Arabia, Qatar and the UAE, pushes Skydance's debt close to $80 billion, and executives say the combined company plans to eventually merge HBO Max, Paramount+ and Discovery+ into one service.
techspot.com
· 2026-10-07
Paramount Skydance confirmed it has completed its acquisition of Warner Bros. Discovery, finalizing the $111 billion merger that followed Netflix's abandoned bid for WBD earlier this year. The newly combined company announced that its streaming properties—HBO Max, Paramount+ and Discovery+—will eventually be folded into a single unified streaming service.
arstechnica.com
· 2026-10-06
Skydance confirmed completion of its $110 billion acquisition of Warner Bros. Discovery and said its streaming services—HBO Max, Paramount+ and Discovery+—will eventually unify into a single platform. The company gave no timeline, name, or pricing details for the combined service. Skydance also recently named HBO CEO Casey Bloys as Co-Chair and Chief Content Officer of its direct-to-consumer division.
engadget.com
· 2026-10-06
Paramount Skydance closed its $111 billion merger with Warner Bros. Discovery after the Supreme Court declined to block it, with Justice Elena Kagan rejecting a last-minute appeal. The combined company, renamed Skydance, now owns Paramount+, HBO Max, CBS, CNN, and sports networks including CBS Sports and TNT Sports. The deal faced a multistate antitrust lawsuit, which California and other states settled last month after a federal judge approved the settlement on September 30.
arstechnica.com
· 2026-10-06
Skydance has finalized its acquisition of Paramount and Warner Bros., taking control of major film studios, networks, and streaming platforms. The merger creates a media giant with a portfolio including DC, Harry Potter, and Star Trek, and will trade on the NYSE under the ticker SKYD. The deal adds significant content assets but also leaves the company with $80 billion in debt.
engadget.com
· 2026-10-06
Paramount has finalized its $110 billion purchase of Warner Bros. Discovery, creating a new company called Skydance. The merger combines major streaming services and networks, giving control of key franchises like 'The Lord of the Rings' and 'Game of Thrones.' David Ellison, leading Skydance, now oversees one of the largest entertainment entities, following legal approvals and settlement agreements.
techcrunch.com
· 2026-10-06
Skydance, the newly formed company resulting from Paramount's $110 billion acquisition of Warner Bros. Discovery, announced it will combine HBO Max and Paramount Plus into a single streaming platform over time. No timeline or new name has been set, and HBO CEO Casey Bloys will oversee the unified service. CEO David Ellison previously said the merger could yield over 200 million direct-to-consumer subscribers.
theverge.com
· 2026-10-06
Paramount has completed its $110 billion acquisition of Warner Bros. Discovery, creating a new company called Skydance that consolidates major film studios, networks, and brands like HBO, CBS News, and CNN. The deal, which faced legal and political hurdles, was finalized after settling antitrust concerns with 12 states and includes commitments to produce a set number of films and increase US production spending.
theverge.com
· 2026-10-06
John Wilson's first feature film, titled The History of Concrete, largely sidesteps the subject in its title. Instead it follows tangents like a man who preserves tattooed skin from corpses and a New York official who explains how pools are cleaned of waste, rarely lingering on concrete itself.
fastcompany.com
· 2026-10-03
Paramount and Warner Bros. Discovery will rebrand as Skydance once their roughly $110 billion merger closes, expected October 6. The merged entity will house Paramount+, HBO Max, CBS, CNN, MTV and franchises like The Lord of the Rings, Game of Thrones, DC and Yellowstone.
entertainment.slashdot.org
· 2026-10-02
David Ellison, CEO of the newly combining Paramount and Warner Bros, announced on X that the $110 billion merged company will be called Skydance, after the studio he founded in 2006. The deal is expected to close this month after clearing its last regulatory hurdle in September, uniting HBO Max and Paramount+ along with franchises like Harry Potter, DC and Game of Thrones under one company.
engadget.com
· 2026-10-02
Paramount CEO David Ellison announced the combined company will be called Skydance once its roughly $110 billion merger with Warner Bros. Discovery closes, expected October 6. The new entity will include Paramount+, HBO Max, CBS, CNN, MTV, TBS, Comedy Central and Food Network, along with franchises like 'The Lord of the Rings,' 'Game of Thrones,' the DC Universe and 'Yellowstone.'
techcrunch.com
· 2026-10-02
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