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Paramount and Warner Bros. Discovery to merge as Skydance

3 articles from 3 sources
First reported on Friday 2 October 2026 at 09:17 EDT by CNBC·Latest article on Friday 2 October 2026 at 10:49 EDT

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

  1. Friday 2 October

    David Ellison confirmed the merged company will be known as Skydance following the merger.