Brievox

Paramount and Warner Bros. merger closes, creating Skydance media company

Reports say Paramount's merger with Warner Bros. has closed and the combined company will be known as Skydance. The reported deal value differs: one source says $111 billion, while another says $110 billion.

2 sources Published Updated

Image: Ars Technica

Why it matters

The merger combines Paramount and Warner Bros. under the Skydance name, though the sources report different deal values.

What we know

Where sources disagree

  • Reported merger value

    • The merger is valued at $111 billion. — Ars Technica
    • The merger is valued at $110 billion. — Engadget

Confirmed by several sources

  • The Paramount–Warner Bros. merger has closed, and the combined company is described as Skydance. — Ars Technica, Engadget

Reported by one source

  • David Ellision called the closing a historic day. — Engadget
  • A last-ditch effort to stop the merger failed. — Ars Technica

Coverage 2 publishers

  1. Ars Technica

    Paramount completes $111B Warner merger, creating “Skydance” behemoth

  2. Engadget

    Controversial $110 billion mega-merger of Paramount and Warner Bros. finally closes

Articles stay on their publishers’ sites; each link opens the original.