Acquiring Company
Paramount-Warner Bros. Discovery
Acquired Company
New Paramount
Burbank
PyrmontMedia And EntertainmentFilmFilm ProductionMedia And EntertainmentMusicFilmFilm ProductionDescription
Paramount-Warner Bros. Discovery has completed its merger, rebranding as Skydance. The merger, valued at $111 billion, aims to preserve the legacy of both studios while enhancing creativity and storytelling capabilities. David Ellison emphasized the importance of maintaining the iconic status of both entities while pursuing ambitious goals under the new name. The newly formed company will oversee major franchises like Harry Potter and DC Universe.
Fundz sees it the moment Paramount-Warner Bros. Discovery 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 Paramount-Warner Bros. Discovery, based in Burbank. The deal was reported on October 5, 2026. Paramount-Warner Bros. Discovery is the result of a merger between two major film studios, Paramount Pictures and Warner Bros. Discovery. Paramount-Warner Bros. Discovery is privately held and operates in Media And Entertainment.
When did Paramount-Warner Bros. Discovery acquire New Paramount?
Paramount-Warner Bros. Discovery's acquisition of New Paramount was reported on October 5, 2026. Paramount-Warner Bros. Discovery has completed its merger, rebranding as Skydance. The merger, valued at $111 billion, aims to preserve the legacy of both studios while enhancing creativity and storytelling capabilities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does New Paramount do?
Paramount Pictures is a major American film studio that is a subsidiary of ViacomCBS. Founded in 1912, it is known for its iconic films and television shows, influencing the entertainment industry. It is publicly traded (PSKY), operating in Media And Entertainment, and is based in Pyrmont.
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