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
CNN CEO Mark Thompson will remain in his role once Paramount's $110 billion acquisition of Warner Bros. Discovery closes, forming a company called Skydance led by David Ellison and Ynon Kreiz. The merger also keeps Bari Weiss as CBS News editor-in-chief, installs Casey Bloys as chief content officer of streaming, and names Josh Greenstein, Dana Goldberg and George Cheeks to run film and TV units. The deal is expected to close Tuesday, and includes a state-mandated news editorial independence board.
theverge.com
· 2026-10-05
David Ellison announced on X that the newly merged Paramount and Warner Bros. Discovery will operate under the name Skydance, after a consent decree settled an antitrust lawsuit from 12 state attorneys general. The $111 billion deal, finalized September 21, follows a year-long bidding war in which Ellison prevailed after Netflix withdrew its interest in Warner Bros. Discovery.
cnet.com
· 2026-10-02
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
Netflix confirmed its six-year production partnership with David Fincher has concluded, ending an arrangement first signed in 2020 that gave the streamer exclusive rights to his films, including Mank and The Killer. The move follows similar endings to deals with other high-profile directors like Shawn Levy.
theverge.com
· 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
Paramount Skydance CEO David Ellison announced on X that the combined Paramount-Warner Bros. Discovery company will be called Skydance, ahead of the acquisition's completion on October 6. Ellison had previously said Paramount+ and HBO Max would be merged into a single streaming service with roughly 200 million subscribers if regulators approved the deal.
9to5mac.com
· 2026-10-02
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