Paramount completes $110B Warner Bros. merger to form Skydance
- On Tuesday, October 6, 2026, Skydance, led by Chairman and CEO David Ellison, completed its acquisition of Warner Bros. Discovery, Inc. , creating a combined media conglomerate that Ellison called a "historic day."
- Following months of regulatory review, the $111 billion merger unites Paramount Pictures and Warner Bros. Pictures, both with over a century of history spanning the U.S. and Europe.
- Investors provided $47 billion in new equity led by the Ellison Family and RedBird Capital Partners, who remain sole holders of Paramount Class A Common Stock including all voting shares.
- Ynon Kreiz, the incoming Co-CEO, joins Ellison to lead the combined company, targeting at least $6 billion in run-rate synergies over the next three years.
- Skydance Class B shares began trading today on the New York Stock Exchange under ticker symbol "SKYD," while WBD common stock ceased trading on the Nasdaq Exchange effective immediately.
453 Articles
453 Articles
Everett Post
Paramount-Warner Bros. Discovery merger closes, creates combined company Skydance
Paramount and Warner Bros. Discovery officially merged on Tuesday, creating a new company with the name Skydance. CEO David Ellison took to social media to announce the finalization of the $110 billion merger. "Today is a new day for @Skydance, and I'm incredibly grateful to [...]
Critics fear that industry concentration and potential cuts will weaken competition and harm consumers.
Paramount Skydance has now truly completed the acquisition of Warner Bros. Discovery, valued at $110 billion. With this, one of the largest media mergers of all time is a fact, following a protracted bidding war with Netflix and the fending off of various lawsuits.
IT’S OFFICIAL: Paramount Closes $81 Billion Warner Bros. Discovery Takeover — CNN, CBS, HBO and Warner Bros. Now Under Right-Leaning Billionaire Family * The Gateway Pundit * by Jim Hᴏft
The far-left cable network that spent years treating President Trump like a criminal defendant just woke up under new corporate ownership.
ASX set to edge up, Wall Street rallies; Paramount closes $158b Warner Bros takeover
Even with worries about war, high inflation and cranked-up pressure from the bond market continuing to weigh on it, Wall Street’s benchmark index soared 23 per cent since hitting a bottom in late March.
The acquisition of Warner Bros Discovery by media conglomerate Paramount Skydance, valued at 110 billion dollars, has been finalized. With this, one of the largest mergers…
Coverage Details
Bias Distribution
- 44% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
