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Paramount closes historic Warner Bros. merger to form Skydance

Publisher description: The deal brings together two major streaming platforms, Paramount+ and HBO Max, along with networks including CBS, CNN, MTV, TBS, Comedy Central, and Food Network.

TechCrunch | Oct 6, 2026 | Aisha Malik

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Paramount announced on Tuesday that it has completed its $110 billion acquisition of Warner Bros. Discovery to create a combined company called Skydance. Just last year, Ellison completed his merger of Skydance Media with Paramount, and is rapidly increasing his influence in Hollywood.

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