CULTUREMachine Translated summary
ParamountSkydance Completes Warner Bros. Discovery Acquisition and Forms Skydance Corporation
ParamountSkydance completed its acquisition of Warner Bros. Discovery on October 6, 2026, creating the new Skydance Corporation in a deal valued at approximately $111 billion. Bobby Kotick joined the company’s board, while the combined group’s game divisions are expected to undergo restructuring and consolidation.
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What we know
- The Warner Bros. Discovery acquisition was completed on October 6, 2026.
- The transaction created a new company called Skydance Corporation.
- The integration was valued at approximately $111 billion.
- Former Activision Blizzard CEO Bobby Kotick joined the new company’s board.
- Skydance’s game divisions are expected to be reorganized and consolidated.