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Hollywood’s Newest Media Powerhouse: Paramount and Warner Bros. Unite Under Skydance

The Paramount Pictures logo is displayed on the water tower in Los Angeles, California, on February 17, 2026. Paramount Skydance attempts a hostile takeover bid of Warner Bros. (Photo by Michael Yanow/NurPhoto via Getty Images)

With Paramount CEO David Ellison clearing the final barrier to expanding his media empire, the billionaire executive announced on X (formerly Twitter) that the merged entity combining Paramount and Warner Bros. Discovery will be named Skyd


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