Paramount has completed its $111 billion merger with Warner Bros., forming a company branded Skydance, after a final attempt to block the deal failed, according to Ars Technica.
Key facts
- Paramount now owns Warner Bros., according to Ars Technica.
- The merger is valued at $111 billion.
- A last-ditch effort to stop the deal failed.
- The combined entity is referred to as Skydance.
- Ars Technica reported the completion on 6 October 2026.
Paramount has completed its acquisition of Warner Bros. in a $111 billion merger, according to Ars Technica. The outlet described the resulting media company as a “Skydance behemoth”.
The merger went through after what Ars Technica characterised as a last-ditch effort to stop the $111 billion transaction failed. With that attempt unsuccessful, Paramount now owns Warner Bros.
Ars Technica reported the completion on 6 October 2026, confirming that the transaction had closed.
The full operational details of the merged company, including how its film, television and streaming assets will be organised, were not specified in the available reporting.
Why it matters
The merger brings two major entertainment companies under common ownership. The broader effects on competition and consumers are not detailed in the available reporting.
Frequently asked questions
How much was the Paramount–Warner Bros. merger worth?
According to Ars Technica, the merger was valued at $111 billion.
Who now owns Warner Bros.?
Paramount now owns Warner Bros. following completion of the merger, Ars Technica reported.
Did anyone try to stop the merger?
Yes. Ars Technica reported that a last-ditch effort to stop the $111 billion merger failed before the deal was completed.