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Mergers & AcquisitionsMediumUpdated×2•Originally published 2 October 2026•Updated 3 October 2026•
1 min read

Paramount-WBD Merger Entity Rebranded as Skydance

Key Facts

1David Ellison revealed that the merged entity of Paramount and Warner Bros. Discovery will be named Skydance.
2The $110 billion merger is projected to be finalized this coming Tuesday.

David Ellison announced that the merged entity of Paramount and Warner Bros. Discovery will be named Skydance, with the estimated deal value revised to $81 billion. Executive leadership changes were also announced ahead of the formal closing of the transaction.

Deadline reported that the merger is expected to be finalized this coming Tuesday following a year of legal proceedings. WBD was trading at $30.95 on October 1, 2026, within a session range of $30.93 to $30.96.

Latest Updates · 1

  1. Notable·

    Update: David Ellison established the leadership team for Paramount studio on October 2, 2026, as part of the final preparations before the merger with Warner Bros. Discovery is finalized. This organizational move aims to secure the administrative structure of the new entity ahead of the closing date.