Paramount’s Warner Bros. megamerger will just be called Skydance
Paramount Skydance CEO David Ellison has announced that the company will just be called Skydance when it completes its $110 billion merger with Warner Bros. Discovery next week. In a post on X, Ellison writes that "we wanted a name that would give the combined company an identity of its own while allowing Paramount and […]
San Jose - After Paramount acquired the Hollywood heavyweight Warner Brothers, the combined parent company will be known as Skydance, according to the story circulating today. Skydance is the name of the production company founded by current Paramount CEO David Ellison over two decades ago, which he acquired from Warner in the previous year.
Both companies maintained their distinct identities and brands, Ellison argued on the social media platform X, in order to prevent one name from overshadowing the other after the merger. The nearly $110 billion Warner acquisition is expected to be finalized next week, with Ellison's purchase tour in Hollywood partially funded by his family fortune.
His father, tech billionaire Larry Ellison, made his fortune as the founder of Oracle software corporation. Netflix had initially been in talks to buy Warner's streaming and studio operations, but Paramount held firm, offering a higher bid for the entire Warner Bros. Discovery conglomerate, including television networks like CNN.
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- Übernahme: Dachkonzern von Paramount und Warner wird Skydance heißen handelsblatt.com
