Paramount Games Studio and WB Games merge under Skydance following completion of $111bn acquisition

Paramount Games Studio and Warner Bros. Games have merged under the parent company Skydance, following the completion of a $111 billion acquisition of Warner Bros. Discovery (WBD). Tony Driscoll, president of Paramount Games Studio, will lead the merged games and experiences division alongside his role as Skydance's president. The merger aims to expand engagement and fandom across physical and digital platforms, leveraging both companies' intellectual property (IP) and storytelling strengths.

Josh Silverman will lead global products and publishing, while Jim Sterner retains his role as chief people officer. Jose Turkienicz remains president of global operations. David Ellison, CEO of Skydance, emphasized that the merger will necessitate tough decisions and changes, but promises a swift and thoughtful integration process.

The companies will operate under Skydance, focusing on games, experiences, consumer products, and publishing as core growth engines.