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Scan for outdated or missing drivers - takes under a minuteDriver Scan →Clear out junk files and repair common Windows errorsFree Scan →The combined company is expected to be called Skydance, David Ellison announced on October 2, 2026. That is the name of the planned corporate parent—not a plan to erase Paramount, Warner Bros. or their entertainment brands. The merger is still pending, with closing expected October 6 subject to customary conditions.
What will Paramount and Warner Bros. be called after the merger?
The announced name for the combined corporate parent is Skydance. Ellison, Paramount Skydance Corporation’s chief executive, said the name gives the combined company an identity of its own while allowing Paramount, Warner Bros. and its other brands to remain in the spotlight.
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Skydance is also the name of Ellison’s production company, which Axios reported he founded roughly two decades ago. The announcement does not say that the studios or consumer-facing services will all be renamed Skydance.
Is Paramount becoming Skydance?
Not in the sense of Paramount’s familiar entertainment brands disappearing. The proposed combination brings together two corporate portfolios while retaining their established names and businesses. The September 30 company announcement listed Warner Bros. Discovery properties including HBO Max, CNN, DC, Warner Bros. Pictures, Warner Bros. Television, New Line Cinema, Cartoon Network and Adult Swim. Paramount’s listed portfolio included Paramount Pictures, CBS, Nickelodeon, MTV, BET, Comedy Central, SHOWTIME, Paramount+ and Pluto TV.
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In the launch video posted by Ellison, the brands were described as “more than a destination” and “the launch pad”; the video also said they are distinct and built on story and technology. Those remarks present Skydance as the parent identity while emphasizing the brands that audiences already know.
What does the Paramount–Warner Bros. deal include?
Paramount Skydance Corporation and Warner Bros. Discovery signed a definitive merger agreement on February 27, 2026. The companies described a combination of film and television studios, streaming services and linear television networks, while saying the studios would be maintained.
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| Announced deal detail | What the companies said |
|---|---|
| WBD consideration | Paramount agreed to pay $31 in cash per WBD share. |
| Transaction value | The official release described WBD’s enterprise value as $110 billion. |
| Direct-to-consumer services | The release identified Paramount+, HBO Max and Pluto as businesses being brought together. |
| Expected synergies | Paramount’s transaction release cited more than $6 billion in expected synergies. |
| Theatrical releases | The release said the combined company would release at least 30 theatrical films annually, with 15 from each studio. |
These are announced transaction terms and plans, not proof that the companies or their services have already been combined operationally.
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The companies have identified Paramount+, HBO Max and Pluto as direct-to-consumer assets in the combination, but the cited announcements do not specify final service packaging, names, pricing or integration plans. It is therefore too early to say whether subscribers will eventually use one app, retain separate services, or see another arrangement.
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When does the Paramount–Warner Bros. merger close?
On September 30, 2026, the companies said they expected the merger to close on October 6. Paramount Skydance’s October 1 Form 8-K repeated that anticipated date and the closing consideration formula. Both descriptions make clear that customary closing conditions apply; as of the October 2 name announcement, the transaction remained pending rather than completed.
Axios also reported a planned SKYD ticker for the combined company. That is a reported plan, not confirmation of a completed ticker change. The final operating structure and any service integration may be clarified by later company announcements or filings.
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