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Paramount completes takeover of Warner Bros, creating media behemoth Skydance

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: France 24
Paramount completes takeover of Warner Bros, creating media behemoth SkydanceWorldPing
Image via France 24.

What happened

Paramount completed its acquisition of Warner Bros Discover on Tuesday, after a bidding war against Netflix.

The deal closed following federal approval of a settlement between Paramount and 12 US states that tried to block the transaction on antitrust grounds.

Key facts

  • The deal closed following federal approval of a settlement between Paramount and 12 US states that tried to block the transaction on antitrust grounds.
  • Reported by France 24 and published Tue, 06 Oct 2026 16:23:17 UTC.

Why it matters

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What to watch next

  • Official statements or denials from the governments named
  • Whether other major newsrooms confirm the same details
  • Any follow-up decision, vote or deadline tied to the event

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Paramount's hard-fought takeover of Warner Bros. Discovery closed Tuesday. Here's how we got here

  2. Paramount and Warner Bros merge to become one Hollywood giant, Skydance

  3. Paramount completes takeover of Warner Bros, creating media behemoth Skydance

  4. Paramount closes $110bn deal with Warner Bros Discovery: The new firm is Skydance

Sources

The original report was published by France 24. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at France 24

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Paramount and Warner Bros merge to become one Hollywood giant, SkydanceWorldPing
The Hindu

Paramount and Warner Bros merge to become one Hollywood giant, Skydance

The merger brings two of America's oldest moviemaking studios together under the helm of billionaire David Ellison and Ynon Kreiz, in a move that is projected to concentrate power in an industry already run by just a handful of major players…

Brief by WorldPing · Original reporting by The Hindu