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Skydance has completed its merger with Warner Bros. and Paramount, combining the studios under a new structure. The company is now reshaping leadership, rebranding assets, and making major changes to film, TV, and streaming operations.
Clayface is the smallest movie DC has ever made. It’s also the most daring. And according to Peter Safran, it’s proof the studio finally has creative freedom.
Skydance’s film empire is live — and already running on fumes. The new conglomerate, born from the merger of Paramount and Warner Bros., dropped its first major release this week: Street Fighter, a video game adaptation that’s less a movie than a launchpad for chaos.
The new Harry Potter series is set to premiere on December 25, but not on HBO. Instead, it will stream on Paramount+, following confirmation of a future merger between HBO Max and Paramount+. Cast includes Dominic McLaughlin as Harry, Alastair Stout as Ron, and Arabella Stanton as Hermione.
David Zaslav received $606.1 million in shares and options from the WBD-Paramount merger, including $224.4 million in sold stock and $381.7 million in exercised options. He had previously sold $195 million in shares under a Rule 10b5-1 plan. Other executives received transaction bonuses, while Zaslav’s potential tax reimbursement dropped due to delayed closure. Shareholders rejected his golden-par
The new employment contracts come after the $110 billion Paramount-Warner Bros. Discovery officially closed on Tuesday. Class B shares of the company were also transferred to the New York Stock Exchange under the ticker SKYD.
Skydance has confirmed that both the Paramount and Warner Bros. lots will remain operational for at least five years following the merger, with film likely based at Paramount and TV/streaming at Warner Bros. This reorganisation will require major executive moves, including from George Cheeks, Casey Bloys, and others. The decision follows a legal settlement with state attorneys general, but experts
Dana Goldberg and Josh Greenstein have promised that Paramount Pictures and Warner Bros. Pictures will continue operating separately under their own banners, preserving brand identities in the wake of the Paramount-Warner Bros. merger. Yet internal memos from David Ellison confirm layoffs are coming, raising questions about how long the independence can last.
Josh Goldstine, fired from Warner Bros. in January 2025, will now oversee marketing and distribution across Warner Bros., Paramount and all Skydance film labels, Variety and Deadline reported.
The merger is done. Warner Bros. Discovery and Paramount Global are now one. Skydance Media has officially closed its $30 billion acquisition, stitching together two of Hollywood’s most storied studios into a single entity under the Skydance banner.
Skydance closed its $110 billion merger with Warner Bros Discovery on Tuesday and immediately began rebranding the Burbank lot, even as reports surface of coming layoffs and a longshot Supreme Court bid to block the deal.
Steven Spielberg is returning as primary creative producer for Transformers 8, with Michael Bay in early talks to direct. The film, set in modern day, will be based on a script by Jason Fuchs and produced by Lorenzo di Bonaventura, Mark Vahradian, Don Murphy, Tom DeSanto, and Hasbro. Shia LaBeouf will not return.
Skydance officially opens for business after the $111 billion merger of Paramount and Warner Bros. Discovery closes. The new company, led by David Ellison, inherits $80 billion in debt, a promise to release 30 films yearly, and a string of regulatory conditions — including an editorial oversight board for CNN and a five-year layoff pause at CBS. Now, the cuts begin.
The executive who led HBO Max through its transformation has been handed full oversight of both platforms under the new Skydance structure, with no indication of a merger—only integration.
Clockwork is staying. The label, Warner Bros.’ bet on mid-budget and restored classics, won’t die with the merger. It’s moving to Skydance — the new name for the Paramount-Warner Bros. union — and its first release lands in theatres this Friday. October 16. Ken Russell’s The Devils, restored in 4K, gets a theatrical run after decades of being banned, censored, and buried under controversy.
David Ellison has unveiled the executives who will run the newly merged Paramount-Warner Bros. Discovery empire. Casey Bloys heads streaming, Josh Greenstein and Dana Goldberg lead film, George Cheeks oversees TV, and Mark Thompson stays at CNN. James Gunn and Peter Safran remain at DC Studios. The company launches Tuesday.
Tony Gilroy called the Paramount-Warner Bros. merger a ‘tragic’ dismantling of Hollywood’s mid-budget soul — and he said it in front of a packed house at the New York Film Festival.
The merger of Paramount and Warner Bros. Discovery officially closes on Oct. 6, rebranding as Skydance Corp. under David Ellison’s leadership. After months of legal battles, threats to leave California, and a last-minute court approval, the new entity will operate under the ticker SKYD.
The new Skydance streaming strategy keeps both HBO Max and Paramount+ as distinct brands, likely bundled together. But the Paramount+ app remains unstable across devices — a major hurdle for any unified experience.
The merged Paramount-Warner Bros. Discovery will officially become Skydance on October 6, trading as SKYD on the NYSE. The new company, led by David Ellison and co-CEO Ynon Kreiz, inherits $80 billion in debt and ownership stakes from Saudi Arabia, Qatar, and the UAE. Mike De Luca and Pam Abdy are exiting. David Zaslav gets $550 million. The company must release at least 30 theatrical films in its