# Paramount finalizes deal to acquire Warner Bros. Discovery

https://mins.news/en/item/88127

- TASS, 2026-10-06 14:10 UTC
- Economy
- Original: https://tass.com/economy/2198229

> Paramount has completed its acquisition of Warner Bros. Discovery, creating Skydance Corporation under CEO David Ellison. The combined company is expected to challenge Netflix and YouTube in streaming, although it remains smaller than Disney and Amazon. The deal followed a bidding battle and an antitrust lawsuit that was settled after concessions, including an independent board for CNN’s editorial autonomy and an extra $1.5 billion in film spending over five years.

## Stories

- [Paramount Warner and Skydance Media Merger](https://mins.news/en/topic/paramount-warner-skydance-media-merger) — Markdown: https://mins.news/en/topic/paramount-warner-skydance-media-merger.md

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- [What comes next after Paramount’s Warner Bros. takeover](https://mins.news/en/video/89946) — The Associated Press, 2026-10-07
- [Paramount-Warner Bros merger closes, bringing CNN and CBS News under Skydance](https://mins.news/en/item/88716) — Al Jazeera, 2026-10-06
- [Paramount and Warner Bros. merge into one Hollywood giant](https://mins.news/en/item/88140) — DW, 2026-10-06
- [Paramount completes $110 billion Warner Bros. Discovery merger](https://mins.news/en/item/88054) — The Verge, 2026-10-06