Paramount completes $110B Warner Bros. merger to form Skydance
The combined company will control Paramount Pictures, Warner Bros. and HBO Max, and expects 220 million streaming subscribers, analysts said.
- 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.
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Washington, Oct. 6 (EFE).- Paramount Skydance closed on Tuesday the purchase of Warner Bros. Discovery, a transaction valued at about $11 billion (about 97.745 million euros to the current change), in the culmination of a controversial merger process that will result in the new mega-enterprise Skydance. The new company will be directed by [...] The entry Paramount Skydance closes purchase of Warner Bros Discovery for $10 billion was first publis…
Paramount just locked down one of Hollywood's biggest shake-ups in years. On Tuesday, the company completed its acquisition of Warner Bros. Discovery, handing 43-year-old David Ellison control of a new media conglomerate called Skydance that now sit just behind Disney and Amazon in the entertainment hierarchy and in direct competition...
Lietuvos Radijas ir Televizija
Česká televizeParamount on Tuesday completed its acquisition of Warner Bros. Discovery, merging the two legendary Hollywood studios into a media empire spanning television, news and cinema controlled by David Ellison.
Paramount Skydance closed on Tuesday the acquisition of Warner Bros. Discovery for 110 billion dollars
BT
berlingske.dkThe film company Warner Bros. was put up for sale last year. After a bidding war, Paramount won. The purchase has been completed.
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