David Ellison says combined Paramount and Warner Bros.Discovery will be named Skydance
- On Friday, CEO David Ellison announced the combined Paramount and Warner Bros. Discovery entity will be named Skydance, with both studios retaining their identities as sub-brands under the new corporate umbrella.
- The $111 billion merger cleared its final regulatory hurdle on September 30 after a federal judge approved an antitrust settlement with 12 states, paving the way for the deal to close on Tuesday, October 6.
- Skydance will control franchises including Harry Potter, Game of Thrones, Yellowstone, Mission: Impossible, and Top Gun, alongside networks CBS, CNN, MTV, and HBO Max, creating an entertainment portfolio spanning more than 200 years of combined studio history.
- Middle Eastern sovereign wealth funds from Saudi Arabia, Qatar, and the United Arab Emirates will own 38.5% of the company through $24 billion in commitments, while Oracle founder Larry Ellison personally guaranteed $46.7 billion in equity financing.
- David Ellison will serve as chairman and CEO while former Mattel chief Ynon Kreiz joins as co-CEO on October 5, though the combined company faces significant debt projected north of $80 billion after financing the acquisition.
126 Articles
126 Articles
Algemeen Dagblad
destentor.nlNow that the merger between Paramount, Skydance, and Warner Bros. is finally approaching, the new name under which the two film studios will continue has also been revealed. The company will soon be called simply Skydance, CEO David Ellison announced on X.
The new media conglomerate will bring together dozens of TV channels and streaming services, as well as acquire the rights to major film and television franchises.
Paramount–Warner Bros. Discovery will be named Skydance, David Ellison announces
By Brian Stelter, CNN (CNN) — The combined Paramount–Warner Bros. Discovery will be named Skydance, CEO David Ellison announced Friday, a few days before the merger’s completion.Ellison said Skydance will be a “creative-first home for bold, quality storytelling.”Skydance was the name of the production company that Ellison founded in 2006.The name originally came from “David’s
Ellison Reveals Name for Merged Hollywood Giant
CEO David Ellison has dreamed the new name for the combined company that will be created by a massive Hollywood merge—and it doesn't include the words Paramount or Warner. Ellison said Friday that once Paramount Skydance's $110 trillion merge with Warner Bros. Discovery wraps up next week, the combined...
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