Übernahme: Dachkonzern von Paramount und Warner wird Skydance heißen

The merged company of Paramount and Warner Bros. Discovery will be named Skydance. According to Investing.com and The Verge, Paramount Skydance CEO David Ellison stated that the name was chosen to maintain the separate identities of Paramount and Warner Bros. studios.

The merger, valued at $110 billion, is set to close soon, with a US judge approving a settlement with a group of states that had sued to block the deal, as reported by Investing.com. The combined company will trade under the ticker SKYD, Quartz reported.

Paramount and Warner Bros. will remain as distinct studios, with Casey Bloys running their streaming operations and Cindy Holland, the head of Paramount+, leaving, The A.V. Club reported. David Ellison has been setting up the new chain of command, and has spoken with CNN CEO Mark Thompson about maintaining his role.

Brief written by urgent.news from Handelsblatt, Quartz, Investing.com, The Verge, The A.V. Club — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.