EconomyParamount and Warner Bros. merge into one Hollywood giant

Paramount has finalized its roughly $81 billion acquisition of Warner Bros. Discovery, creating a new entertainment giant called Skydance Corporation. David Ellison’s hostile bid prevailed over Netflix’s efforts after regulatory scrutiny and an antitrust lawsuit. The company will combine major film, television, news and streaming brands, with Ellison as chairman and CEO.

ParamountWarner Bros. DiscoverySkydancemedia merger

DDW★★★★☆2026-10-06 14:18Original