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Economy · Los Angeles, United States · United States of America ·

Paramount Skydance completes Warner Bros. Discovery takeover

Reported by 1 outlet · under-reported · first reported Oct 5, 8:00 PM ET

The merger of Paramount Skydance and Warner Bros. Discovery took effect, combining the two US media groups into a single company named Skydance.

Why it matters

The deal creates one of the largest entertainment conglomerates, consolidating major film studios, TV networks and streaming services.

Background

Skydance Media, led by David Ellison, merged with Paramount Global in 2025. Warner Bros. Discovery owns Warner Bros. studios, HBO and CNN.

The story so far

  1. Paramount Skydance completes Warner Bros. Discovery takeover
  2. Paramount Skydance completes Warner Bros. Discovery takeover

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Sources

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