# Paramount closes $110 billion Warner Bros. Discovery acquisition

_Published Tuesday, October 6, 2026 at 9:42 AM EDT · Products · Latest · Tier 1 — Major_

![Paramount logo on a blue background. — Primary](https://platform.theverge.com/wp-content/uploads/sites/2/2026/02/STKB385_PARAMOUNT_B.jpg?quality=90&strip=all&crop=0%2C10.728364100735%2C100%2C78.54327179853&w=1200)

Paramount has completed its $110 billion acquisition of Warner Bros. Discovery, creating a combined company called Skydance, The Verge reports. The transaction brings the companies' film studios, streaming services and brands including HBO, CBS News and CNN under common control.

Paramount settled last month with 12 states that had sued to block the acquisition over antitrust concerns. The settlement requires minimum theatrical film releases over five years, starting with 30 in years one and two, and at least $300 million more in US production spending than the companies spent last year combined.

## Sources

- [The Verge](https://www.theverge.com/entertainment/1005480/paramount-warner-bros-discovey-merger-closed)

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Canonical: https://techandbusiness.org/newswire/IfGj9pQumwKXsd6Yq4pkjR
Published: 2026-10-06T13:42:47.978Z
Story chronology: 2026-10-06T13:32:43.000Z
Retrieved: 2026-10-06T15:35:45.725Z
Publisher: Tech & Business (techandbusiness.org)