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Paramount and Warner Bros. Discovery to merge as Skydance
Summary
Paramount and Warner Bros. Discovery are set to merge under the new name Skydance. The merger, valued at $110 billion, is expected to be completed soon. David Ellison, CEO of Paramount Skydance, announced the name change in a post on X. The combined entity will operate under the Skydance brand moving forward.
Latest: David Ellison confirmed the merged company will be known as Skydance following the merger.
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How it unfolded
Friday 2 October
David Ellison confirmed the merged company will be known as Skydance following the merger.