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Paramount and Warner Bros Discovery to become Skydance

Publisher description: The roughly $110 billion deal is expected to close October 6.

TechCrunch | Oct 2, 2026 | Lauren Forristal

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Discovery will operate as Skydance once their merger closes, Paramount CEO David Ellison announced Friday. Skydance is the name of Ellison’s original film production company. Netflix had agreed to acquire Warner Bros. ’ streaming and studio businesses before the broader Paramount deal moved forward.

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