Paramount merges with Warner Bros., creating Skydance media empire

Published October 6, 2026 10:26am ET | Updated October 6, 2026 10:26am ET



Paramount finally completed its acquisition of Warner Bros. on Tuesday, after months of delays stemming from a prolonged bidding war and a short-lived legal battle.

The combined company will be known as Skydance, which was originally a small Hollywood production company founded by David Ellison 20 years ago, has now become a vast media empire following the merger.

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