Skydance Stock Drops 2.7% on First Day of Trading After Paramount-WBD Merger Close
David Ellison said the vision behind Skydance Corp., formed Tuesday by the closing of the Paramount-Warner Bros.
Variety•Todd Spangler1h agoSkydance
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page 1 of 4Variety•Todd Spangler1h ago
Warner Bros. Water Tower Repainted To Add “A Skydance Corporation” Following Merger Close
Just hours after the Paramount-Warner Bros. merger officially closed Tuesday morning, workers repainted the Warner Bros. water tower in Burbank to include “A Skydance Corporation” on the famed structure.
Deadline•Denise Petski2h agoSkydance will combine HBO Max and Paramount+ into a single streaming service
Please don't name it ParaMax.
David Ellison Rallies the Troops at Warner Bros.’ Lot
"It wasn’t easy to get here," the Skydance CEO said to the Burbank crowd. "At times it was downright ugly. And at nearly every turn, someone told us it couldn’t be done. And here we are."
The Hollywood Reporter•Borys Kit3h agoWarner Bros. Water Tower Already Repainted to Add ‘A Skydance Corporation’ After Merger Closes
David Ellison wasted no time in adding the Skydance name to the iconic Warner Bros. water tower in Burbank. On Tuesday morning, shortly after Paramount officially closed its $111 billion merger with Warner Bros.
Variety•Todd Spangler3h agoLeaked audio: What David Ellison told employees at the first Skydance town hall
Skydance CEO David Ellison addressed employees after the Paramount-WBD merger closed, forming a new Hollywood giant.
Say Goodbye to a Major Streaming Service With Paramount Plus Phaseout
HBO Max and Paramount Plus are officially becoming one streaming service under Skydance as the Warner Bros.-Paramount merger completes.
Skydance Credit Rating Downgraded by Fitch on Massive Debt in Wake of Paramount-Warner Bros. Merger
The new Skydance’s ability to repay its massive debt following the megamerger of Paramount and Warner Bros. Discovery is being called into question by credit rating agency Fitch.
Variety•Jennifer Maas4h agoSkydance Credit Rating Cut By Fitch Citing Heavy Debt Load, Integration, Execution Risk
Fitch on Tuesday cut its debt rating on the new Skydance citing “significant execution and integration risks” and higher leverage of a merged Paramount and Warner Bros. Discovery. The deal formally closed today.
Deadline•Jillg3664h agoSkydance Bumps Pay, Extends Contracts For Top Execs; New Bonuses For WBD Brass
The newly created Skydance has extended and expanded employment agreements for key corporate executives including CEO David Ellison, President Andrew Brandon-Gordon, CFO Dennis Cinelli and Chief Legal Officer Makan Delrahim. Also today, Warner Bros.
Deadline•Jillg3664h ago
HBO Max and Paramount Plus will merge into a single streamer under Skydance
HBO Max and Paramount Plus will become one streaming service under Paramount's $110 billion acquisition of Warner Bros. Discovery.
The Verge•Emma Roth5h agoB
Paramount wraps up mega Warner Bros merger deal
Paramount Skydance has completed its blockbuster $110 billion takeover of Warner Bros Discovery, creating a Hollywood heavyweight called Skydance and handing CEO David Ellison control of one of the world's largest entertainment companies.
BBusiness5h ago
Skydance’s $80 Billion Debt Bomb: How Will Warner Bros. and Paramount’s New Owner Make It Work?
The combined company now has the scale to take on Netflix and Disney, but little room for error as it balances massive spending on film and TV with servicing its crushing financial obligations.
The Hollywood Reporter•Erik Hayden5h agoControversial $110 billion mega-merger of Paramount and Warner Bros. finally closes
New media empire will be known as Skydance, with CEO David Ellision calling it a 'historic day.'
Paramount and Warner Bros merge into one Hollywood giant
Paramount has completed an $81 billion purchase of Warner Bros. Discovery, as its owner Skydance creates a new entertainment behemoth. Billionaire David Ellison's hostile takeover bid defeated rival efforts from Netflix.
Deutsche Welle7h agoDavid Ellison, Ynon Kreiz Praise Staff, Lay Out Priorities For New Skydance: “Getting Here Has Been Quite A Journey”
Skydance CEO David Ellison, having just closed the historic merger of Paramount and Warner Bros. Discovery after fierce opposition, sought to rally the troops Tuesday in a memo to employees.
Deadline•Jillg3667h ago
Paramount completes $111bn acquisition of Warner Bros to form new media empire Skydance
David Ellison and ex-Mattel CEO Ynon Kreiz to oversee both film studios, HBO Max, CNN and CBS News as co-executives Paramount completed its $111bn acquisition of Warner Bros Discovery on Tuesday, consolidating some of the world’s most recognizable…
The Guardian•Gaya Gupta7h ago
Paramount closes historic Warner Bros. merger to form Skydance
The deal brings together two major streaming platforms, Paramount+ and HBO Max, along with networks including CBS, CNN, MTV, TBS, Comedy Central, and Food Network.
TechCrunch•Aisha Malik7h ago'We did it!': Read David Ellison's memo to employees after Paramount's WBD deal closed
Skydance CEO David Ellison addressed employees after finalizing Paramount's WBD deal. Read the full memo.
Skydance has a debt problem. Meet new co-CEO Ynon Kreiz, the man who's supposed to fix it.
Ynon Kreiz is David Ellison's co-CEO who will run Skydance, made of the former Paramount and Warner Bros. His orders: slashing $80 billion in debt.