Deals
Paramount Closes Its $110 Billion Warner Bros. Discovery Takeover and Becomes Skydance Corp.
The all-cash deal was cleared last week when a federal judge approved a settlement with 12 state attorneys general. The combined company is expected to trade as SKYD.
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By Anna Ferreira
Oct 6, 2026 · 2 min read
Paramount Skydance's acquisition of Warner Bros. Discovery is set to close Tuesday, more than seven months after it was announced, combining two of the six major Hollywood studios into a single company renamed Skydance Corp. The combined business is expected to trade under the ticker SKYD.
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Anna Ferreira
Senior Correspondent, Corporate Strategy
Anna Ferreira writes for Corporate Insider Inc.