Paramount to become Skydance after megamerger with Warner Bros. closes

The studios and digital media juggernaut arising from the $110 billion merger of Paramount (PSKY) and Warner Bros. (WBD) now has a name: Skydance. "We chose this name for a few important reasons," Paramount CEO David Ellison posted on X. "First and foremost, as we bring Paramount and Warner Bros. together, we wanted to preserve what has made each of these studios iconic. Both have distinct identities, extraordinary legacies and brands that have resonated with audiences for generations. We never wanted a new corporate identity to diminish, alter or overshadow either one."David Ellison speaks at the Paramount Pictures presentation during CinemaCon 2026 on April 16, 2026, in Las Vegas.