# Paramount completes Warner Bros takeover, creating media giant Skydance

https://mins.news/en/item/88957

- France 24, 2026-10-06 16:23 UTC
- Economy
- Original: https://www.france24.com/en/americas/20261006-paramount-completes-takeover-of-warner-bros-creating-media-behemoth-skydance

> Paramount completed its acquisition of Warner Bros Discovery on Tuesday after a bidding contest with Netflix. The deal closed once federal authorities approved a settlement with 12 US states that had sought to block it on antitrust grounds. Film-industry opponents warned of job cuts, while media groups said CNN’s independence could be at risk.

## 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

## Related coverage

- [Paramount-Warner Bros merger closes, bringing CNN and CBS News under Skydance](https://mins.news/en/item/88716) — Al Jazeera, 2026-10-06
- [Paramount closes $81 billion takeover of Warner Bros. to become Skydance](https://mins.news/en/video/88662) — The Associated Press, 2026-10-06
- [Paramount finalizes deal to acquire Warner Bros. Discovery](https://mins.news/en/item/88127) — TASS, 2026-10-06
- [Paramount Closes Warner Bros. Merger in Historic Hollywood Deal](https://mins.news/en/item/88050) — Bloomberg News, 2026-10-06
