EconomyParamount completes $110 billion Warner Bros. Discovery merger

Paramount has completed its $110 billion acquisition of Warner Bros. Discovery, creating a combined company called Skydance. The deal brings studios and brands including HBO, CBS News, and CNN under one roof. After criticism over media consolidation, Paramount cleared its final major hurdle by settling antitrust lawsuits with 12 states. David Ellison will lead Skydance alongside Ynon Kreiz.

ParamountWarner Bros. Discoverymedia mergerSkydance

TThe Verge★★★★☆2026-10-06 13:32Original