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Paramount, Warner Bros. Discovery Merge to Form "Skydance" Entertainment Giant
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News18•03-10-2026, 00:30
Paramount, Warner Bros. Discovery Merge to Form "Skydance" Entertainment Giant
- •Paramount and Warner Bros. Discovery are merging to create a new company named Skydance, set to close on October 6.
- •David Ellison, Chairman and CEO, confirmed the new identity, adopting the name of his original film production company, Skydance Media.
- •The merger combines major studios, streaming services like HBO Max and Paramount+, and TV businesses including CBS, CNN, MTV, and Comedy Central.
- •The new Skydance will encompass iconic franchises such as Harry Potter, Lord of the Rings, Game of Thrones, DC Universe, Yellowstone, Mission: Impossible, and Top Gun.
- •David Ellison will lead Skydance as Chairman and CEO, with Ynon Kreiz joining as co-CEO on October 5.
Key Questions Answered
Following the merger, the combined entertainment giant has settled on the name Skydance, as confirmed by Chairman and CEO David Ellison.
The companies announced that the merger forming the new Skydance is set to close on October 6.
Skydance will be led by chairman and CEO David Ellison alongside co-CEO Ynon Kreiz, the former Mattel chief who joins the company on October 5.
