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Skydance to be the name of new Paramount and Warner Bros. merger FAST-MOVING
Paramount and Warner Bros. Discovery are set to merge into a new media conglomerate named Skydance, as announced by Paramount CEO David Ellison. The deal, valued at approximately $110 billion, is expected to close on October 6, 2026. The merger follows a legal settlement with several U.S. states that had raised antitrust concerns.
Under the new corporate structure, Skydance will serve as the parent company, while Paramount Pictures and Warner Bros. will continue to operate as distinct, iconic brands. The combined entity will control a massive portfolio of intellectual property and media assets, including HBO, CNN, CBS, Nickelodeon, Paramount+, and major franchises such as Harry Potter, DC Comics, and Mission: Impossible.
Leadership changes are also underway. David Ellison will serve as Chairman and CEO, with former Mattel executive Ynon Kreiz appointed as co-CEO to manage day-to-day operations. Additionally, Michael De Luca and Pamela Abdy will depart from their leadership roles at Warner Bros. and will not be part of the new management team. The new company will trade on the New York Stock Exchange under the ticker symbol ‘SKYD’.
Entities
David Ellison · Michael De Luca · Pamela Abdy · Paramount · Skydance · Warner Bros. · Warner Bros. Discovery · Ynon Kreiz
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 35 SOURCES] The combined Paramount and Warner Bros. company will be named Skydance. cosmicbook.news · www.filmvandaag.nl · www.quotenmeter.de · www.ringsidenews.com · moviebreak.de · +30 more
- [● 28 SOURCES] The merger is expected to close on October 6, 2026. cosmicbook.news · www.filmvandaag.nl · www.financial-news.co.uk · www.quotenmeter.de · www.hollywoodreporter.com · +22 more
- [● 3 SOURCES] The combined entity plans to release approximately 30 films per year. moviebreak.de
- [● 4 SOURCES] Dana Goldberg and Josh Greenstein will oversee the film divisions for both studios. moviebreak.de · www.hollywoodreporter.com
- [● 6 SOURCES] Michael De Luca and Pamela Abdy will leave Warner Bros. and will not be part of the new leadership. moviebreak.de · www.hollywoodreporter.com · www.worldofreel.com · www.cineguru.it
- [● 10 SOURCES] Ynon Kreiz, the former CEO of Mattel, has been appointed as co-CEO to manage day-to-day operations. www.filmvandaag.nl · www.financial-news.co.uk · www.quotenmeter.de · www.hollywoodreporter.com · cinepop.com.br · +5 more
- [● 12 SOURCES] Paramount and Warner Bros. will remain as individual brands under the Skydance corporate umbrella. cosmicbook.news · www.quotenmeter.de · www.ringsidenews.com · cinepop.com.br · toynewsi.com · +7 more
- [● 3 SOURCES] The merger involves a debt load of approximately 80 billion dollars. www.financial-news.co.uk · www.quotenmeter.de · www.digital-news.it