The soon-to-merge Paramount-Warner Bros. Discovery officially has a name: It’s simply going to be “Skydance,” according to chairman and CEO David Ellison.
The deal forming the new Skydance is set to close Oct. 6, the companies have announced. The merger will combine two of Hollywood’s biggest movie studios; the HBO Max and Paramount+ streaming services; and TV businesses including CBS, CNN, MTV, TBS, Comedy Central, Food Network and more. The new company’s entertainment franchises will span Harry Potter, “Game of Thrones” and other HBO hits, the DC Universe, “Yellowstone,” “Mission: Impossible,” “Top Gun” and the Nickelodeon kids’ empire.
Skydance will be led by chairman and CEO David Ellison and co-CEO Ynon Kreiz, the former Mattel chief who will join the company Oct. 5.
“Paramount and Warner Bros. shaped over a century of culture,” Ellison wrote in a post on X Friday. “By combining them, we aren’t rewriting history — we’re equipping these iconic studios with a more powerful engine. Together, we are Skydance: a creative-first home for bold, quality storytelling.”
The Paramount-Warner Bros. deal cleared its last hurdle after a judge overseeing the 12-state antitrust lawsuit on Sept. 30 approved the settlement between Paramount and the state attorneys general.
The new company will be controlled by David Ellison and his father, Oracle founder and billionaire Larry Ellison, alongside Gerry Cardinale, founder and managing partner of RedBird Capital Partners.
Here’s Ellison’s post , which includes a sizzle reel of the merged companies’ entertainment properties:
What once was the peak, is now just the beginning.Paramount and Warner Bros. shaped over a century of culture. By combining them, we aren’t rewriting history — we’re equipping these iconic studios with a more powerful engine. Together, we are Skydance: a creative-first home for… pic.twitter.com/uInLRY3IrE— David Ellison (@ellisonskydance) October 2, 2026
