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Paramount acquires Warner Bros Discovery to form Skydance

PRIVATEOct 06, 2026

Acquiring Company

Paramount Skydance

Acquired Company

Warner Bros. Discovery

AustraliaNew YorkMedia And EntertainmentMusicFilmFilm ProductionMedia And EntertainmentPublishingFilmFilm ProductionEntertainment Providersentertainment

Description

Paramount Skydance has completed its A$160b acquisition of Warner Bros Discovery, rebranding the combined entity as Skydance. The merger brings together significant studios and streaming services, promising to enhance competitive offerings in the media landscape. CEO David Ellison expressed the ambition to build a powerful company that benefits creatives and audiences alike.

Company Information

Company

Paramount Skydance

Location

Australia

About

Paramount Skydance is a media conglomerate formed by the acquisition of Warner Bros Discovery. It includes major Hollywood studios and a variety of entertainment brands and platforms. The company aims to create a stronger competitor in the media industry. Its offerings span across film, television, and streaming services.

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Frequently asked

Who acquired Warner Bros. Discovery?

Warner Bros. Discovery was acquired by Paramount Skydance, based in Australia. The deal was reported on October 6, 2026. Paramount Skydance is a media conglomerate formed by the acquisition of Warner Bros Discovery. It includes major Hollywood studios and a variety of entertainment brands and platforms. 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 6, 2026. Paramount Skydance has completed its A$160b acquisition of Warner Bros Discovery, rebranding the combined entity as Skydance. 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.