Business 43 sources · over 2 days 72 articles

Paramount Completes Warner Bros. Discovery Takeover, Creating Media Giant Skydance

The completed deal brings two major studios and CNN and CBS News under one owner, with streaming consolidation, management changes and layoffs now on the agenda.

Read the full story → · Latest coverage 7 Oct 2026, 3:34 pm UTC

Chapters · 3

  1. 1Paramount and Warner Bros Complete Merger to Form Entertainment Giant Skydance
  2. 2Paramount Completes Warner Bros. Takeover as Skydance Sets Integration Plans
  3. 3Paramount Completes Warner Bros. Discovery Takeover, Creating Media Giant Skydance

Key moments · 8

Paramount completes its acquisition of Warner Bros Discovery

Le Monde ↗

Combined Hollywood company takes the name Skydance

Euronews ↗

HBO, CBS and other networks come under shared ownership

BirGün ↗

Skydance begins trading on the New York Stock Exchange

cnn.com ↗

Film chiefs pledge separate studio development and releases

Variety Movies ↗

Ellison reiterates streaming combination will require technical work

The Hollywood Reporter ↗

Skydance signals streaming brands could remain distinct

Forbes ↗

Warner Bros. water tower gets new branding

New York Post ↗

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