TLDR

Variety reports that David Ellison announced Skydance as the name of the company to be formed by the Paramount–Warner Bros. Discovery merger. The companies said the deal is set to close October 6, 2026. It would bring together two movie studios, Paramount+ and HBO Max, and TV businesses including CBS and CNN. Ellison and Ynon Kreiz are slated to lead the company as CEO and co-CEO.

Report

Paramount–Warner Bros. Discovery merger will create a company named Skydance

Variety reports the $111 billion deal is set to close October 6, bringing Paramount+ and HBO Max under one company.

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