Acquiring Company
Skydance
Acquired Company
New Paramount
Los Angeles
PyrmontMedia And EntertainmentFilmFilm ProductionMedia And EntertainmentMusicFilmFilm ProductionDescription
Warner Bros. Discovery and Paramount have completed their merger, resulting in the formation of Skydance. The new entity will operate under the name Skydance, showcasing its diverse media properties, including HBO, CNN, and CBS. David Ellison leads this transformative merger, aiming to enhance creative output and cultural impact.
Fundz sees it the moment Skydance makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired New Paramount?
New Paramount was acquired by Skydance, based in Los Angeles. The deal was reported on October 2, 2026. Skydance is a media company that produces films, television, and interactive content. Founded by David Ellison, it combines creative vision with cutting-edge technology. Skydance is privately held and operates in Media And Entertainment.
When did Skydance acquire New Paramount?
Skydance's acquisition of New Paramount was reported on October 2, 2026. Warner Bros. Discovery and Paramount have completed their merger, resulting in the formation of Skydance. The new entity will operate under the name Skydance, showcasing its diverse media properties, including HBO, CNN, and CBS. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does New Paramount do?
Skydance is the diversified media company founded by David Ellison in 2010 to create high-quality, event-level entertainment for global audiences. It is publicly traded (PSKY), operating in Media And Entertainment, and is based in Pyrmont.
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