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Paramount Skydance completes Warner Bros Discovery takeover

PRIVATEOct 07, 2026

Acquiring Company

Paramount Skydance

Acquired Company

Warner Bros. Discovery

Los AngelesNew YorkMedia And EntertainmentMusicFilm ProductionMedia And EntertainmentPublishingFilmFilm ProductionEntertainment Providersentertainment

Description

Paramount Skydance has finalized its $110 billion takeover of Warner Bros Discovery, uniting a vast array of media assets. This merger aims to create a more competitive company in the entertainment industry, set to challenge giants like Netflix and Disney. Following the deal, shares of the new entity began trading under the ticker 'SKYD' on the New York Stock Exchange.

Company Information

Company

Paramount Skydance

Location

Los Angeles, California, United States

About

Paramount Skydance is a major player in the Hollywood entertainment industry, created from the merger of Skydance Media and Paramount Pictures. Founded in 2010 by David Ellison, it has produced acclaimed films and expanded its reach into various media sectors. The company strives to innovate and build a next-generation media and entertainment business.

Fundz sees it the moment Paramount Skydance makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Warner Bros. Discovery?

Warner Bros. Discovery was acquired by Paramount Skydance, based in Los Angeles. The deal was reported on October 7, 2026. Paramount Skydance is a major player in the Hollywood entertainment industry, created from the merger of Skydance Media and Paramount Pictures. Paramount Skydance is privately held and operates in Media And Entertainment.

When did Paramount Skydance acquire Warner Bros. Discovery?

Paramount Skydance's acquisition of Warner Bros. Discovery was reported on October 7, 2026. Paramount Skydance has finalized its $110 billion takeover of Warner Bros Discovery, uniting a vast array of media assets. This merger aims to create a more competitive company in the entertainment industry, set to challenge giants like Netflix and Disney. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Warner Bros. Discovery do?

Warner Bros. Discovery, a premier global media and entertainment company, offers audiences the world’s most differentiated and complete portfolio of content, brands and franchises across television, film, streaming and gaming. It is publicly traded (WBD), operating in Media And Entertainment, and is based in New York.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.