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Paramount and Warner Bros are now one Hollywood giant: Skydance. How we got here.
Summary by The Los Angeles Editorial Desk Wyatte Grantham-Philips | The Associated Press , as published by NBC Los Angeles (KNBC)
· October 6, 2026
· 1 min read
Photo: NBC Los Angeles (KNBC) · view original
Story provenance No corrections
Summary created by The Los Angeles Editorial Desk — automated, rule-governed Byline on source page Wyatte Grantham-Philips | The Associated Press, as published by NBC Los Angeles (KNBC) Original story Read at the source Source published Oct 6, 2026 Indexed here Oct 6, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points Skydance-owned Paramount has taken over Warner Bros. The combined entity will be led by billionaire David Ellison and co-CEO Ynon Kreiz.
A major merger has been completed in the media and entertainment industry. Skydance-owned Paramount has taken over Warner Bros. Discovery in a $110 billion deal. The resulting company will be known as Skydance. This merger brings together two of America's oldest moviemaking studios, along with other notable properties such as HBO Max and CNN.
The combined entity will be led by billionaire David Ellison and co-CEO Ynon Kreiz. The merger further concentrates power in an industry dominated by a handful of major players.
Further details about the merger and its implications are available from the source.
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NBC Los Angeles (KNBC) reported and published this story. The Los Angeles selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
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Category: Local Published: October 6, 2026 Source: NBC Los Angeles (KNBC) Reading time: 1 min
Frequently asked about this story
What is this story about? A major merger has been completed in the media and entertainment industry. Skydance-owned Paramount has taken over Warner Bros. Discovery in a $110 billion deal. The resulting company will be known…
When was this published? This article was first published on October 6, 2026 by NBC Los Angeles (KNBC) and curated for The Los Angeles readers.
Who reported this story? This story was reported by Wyatte Grantham-Philips | The Associated Press at NBC Los Angeles (KNBC). To learn more about how The Los Angeles selects and reviews stories, see our editorial standards .
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