Key Points After a settlement with several state AG's, the Paramount-WBD merger looks set to close soon. The settlement imposes a number of requirements on the new company. Paramount will have roughly $80 billion in debt following the merger. 10 stocks we like better than Paramount Skydance › 2026 has been a wild year for Paramount Skydance (NASDAQ: PSKY) . After closing its merger with Skydance last August, Paramount, under new CEO David Ellison, aggressively pursued Warner Bros. Discovery (Nasdaq: WBD) and, in the end, outbid Netflix for the Hollywood conglomerate. The merger between two of Hollywood's biggest studios was met with outcries from industry creators and regulatory pushback.
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