The story so far · 2 days, October 6 to 7, 2026
One Turn followed this story across 2 editions, from Los Angeles, United States on October 6, 2026. Newest first.
Skydance Media, led by David Ellison, merged with Paramount Global in 2025. Warner Bros. Discovery owns Warner Bros. studios, HBO and CNN.
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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.
Sources: AFP · See it on the globe
The merger of Paramount Skydance and Warner Bros. Discovery took effect, combining the two media groups into a company named Skydance.
Why it matters: The deal consolidates major Hollywood studios and news networks under one owner, reshaping the global media landscape.
Sources: AFP · See it on the globe