{
  "id": 11473220,
  "title": "Paramount and Warner Bros Discovery to become Skydance",
  "url": "https://urgent.news/2026/10/02/paramount-and-warner-bros-discovery-to-become-skydance",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-02T15:53:50.000Z",
  "source": {
    "name": "TechCrunch",
    "slug": "techcrunch",
    "url": "https://techcrunch.com/2026/10/02/paramount-and-warner-bros-discovery-to-become-skydance/"
  },
  "original_language": "en",
  "account": "Paramount and Warner Bros. Discovery will merge and operate under the name Skydance upon the closing of their $110 billion deal on October 6, according to Paramount CEO David Ellison. The merger will combine two prominent Hollywood studios, Paramount+ and HBO Max, along with networks such as CBS, CNN, MTV, TBS, Comedy Central, and Food Network. The acquisition will also encompass franchises like \"The Lord of the Rings,\" \"Game of Thrones,\" the DC Universe, and \"Yellowstone.\" Netflix had previously intended to acquire Warner Bros.' streaming and studio divisions before the Paramount deal proceeded. Twelve states initially contested the merger, claiming it would diminish competition and negatively impact consumers and workers, but a judge approved the agreement with state attorneys general recently. Ellison emphasized that the Paramount and Warner Bros. brands would remain prominent, stating, \"We never wanted a new corporate identity to diminish, alter or overshadow either one.\" The new moniker, he added, would provide the company with a distinct identity while keeping both studios in the spotlight.",
  "summary": "The roughly $110 billion deal is expected to close October 6.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "9to5Mac",
        "title": "HBO Max and Paramount+ set to merge under ‘Skydance’ brand",
        "url": "https://urgent.news/2026/10/02/hbo-max-and-paramount-set-to-merge-under-skydance-brand",
        "published": "2026-10-02T14:53:19.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}