Skydance

Skydance Corporation, doing business as Skydance, formerly Paramount Skydance Corporation, is an American multinational entertainment and media conglomerate. Founded on August 7, 2025, it was formed through the merger of Paramount Global and Skydance Media. Shortly after, it submitted several bids to acquire Warner Bros. Discovery, and the companies entered into an acquisition agreement on February 27, 2026, with the deal closing on October 6, 2026, after an extensive antitrust review and settlement. Upon the merger's completion, the company renamed itself as Skydance, and it operates Warner Bros. Pictures and Paramount Pictures as separate film studios, along with an editorial board overseeing CBS News and CNN.