Paramount-Warner Bros. Combined Company to Be Called Skydance

Paramount and Warner Bros. Discovery have announced Skydance as the name for their planned combined company, while reports differ on whether the merger has legally closed. The announcement came after a federal judge approved a settlement between Paramount and state attorneys general, a step one account said cleared the way for the $110 billion transaction to close. David Ellison, Paramount’s chief executive, said the name was chosen to give the combined company a distinct identity without diminishing the Paramount and Warner Bros. brands. He said the studios would retain their identities and legacies under the Skydance umbrella. The available accounts do not establish whether the settlement approval was followed by a completed transaction or provide a closing record. The legal status matters because the accounts describe the deal differently. One says the merger went through, while another characterizes it as in progress and says legal hurdles appeared to be clearing. Both report Ellison’s announcement of the Skydance name, but neither resolves whether the acquisition had formally closed by October 3, 2026.