Paramount Closes $110 Billion Warner Bros Merger Creating Skydance
Deals·2 articles across 2 outlets·↩ Updated
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Paramount Skydance Corp. closed its $110 billion acquisition of Warner Bros. Discovery Inc. on Tuesday, completing one of the biggest media mergers of all time after engaging in a bruising battle for control with Netflix Inc. and fending off antitrust lawsuits.
The merger brings two of America’s oldest moviemaking studios together, with David Ellison and ex-Mattel CEO Ynon Kreiz set to oversee both film studios, HBO Max, CNN, and CBS News as co-executives.
ParamountWarner BrosNetflix
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“Paramount Skydance Corp. closed its $110 billion acquisition of Warner Bros. Discovery Inc. on Tuesday, completing one of the biggest media mergers of all time after engaging in a bruising battle for control with Netflix Inc. and fending off antitrust lawsuits.”
Bloomberg — Paramount Closes Warner Merger in Historic Hollywood Deal“<p><a href="https://www.axios.com/2026/10/02/paramount-skydance-warner-bros-new-name" target="_blank">Paramount Skydance</a> on Tuesday closed its deal to acquire Warner Bros.”
Axios — Paramount closes historic $110B deal for Warner Bros. Discovery to create Skydance“David Ellison and ex-Mattel CEO Ynon Kreiz to oversee both film studios, HBO Max, CNN and CBS News as co-executives”
The Guardian — Paramount completes $111bn acquisition of Warner Bros to form new media empire Skydance
SupportCorroborates it
“The merger of two of Hollywood's biggest movie studios comes after months of legal disputes and concern over competition.”
bbc — Paramount takes over Warner Bros in $110bn Hollywood merger“It’s official: Skydance-owned Paramount has closed its $81 billion takeover of Warner Bros.”
fast company — Paramount officially merges with Warner Bros. Here’s how we got here“New media empire will be known as Skydance, with CEO David Ellision calling it a 'historic day.'”
engadget — Controversial $110 billion mega-merger of Paramount and Warner Bros. finally closes“The Paramount and Warner Bros.”
npr — New Hollywood era begins with an epic mega merger between Paramount and Warner Bros.“After a legal battle, the two Hollywood giants have become one.”
ny times — Paramount Closes Merger With Warner Bros. Discovery to Form Skydance“Paramount completes $111B Warner merger, creating “Skydance” behemoth”
Ars Technica — Paramount completes $111B Warner merger, creating “Skydance” behemoth
Earlier versions
- Oct 6, 1:35 PM — Paramount Closes Warner Bros. Merger in Historic $110 Billion Deal (5/5)
- Oct 6, 1:55 PM — Paramount Closes $110 Billion Acquisition of Warner Bros Discovery (7/7)
- Oct 6, 4:50 PM — Paramount Closes Warner Merger in Historic $110 Billion Deal (7/7)
- Oct 6, 6:06 PM — Paramount Closes Warner Merger in Historic $110B Deal (6/6)
- Oct 6, 6:30 PM — Paramount Closes $110B Warner Bros. Discovery Merger to Form Skydance (7/7)