Paramount Skydance completes $110bn Warner Bros Discovery takeover

Paramount Skydance completed its $110 billion takeover of Warner Bros. Discovery on 6 October 2026, Reuters reported. The combined company was unveiled as Skydance, with David Ellison announcing the name in a post on X, Variety reported on 2 October. Ellison said Paramount and Warner Bros. shaped over a century of culture, Variety reported on 3 October.