Skydance Stock Drops After David Ellison Closes $111B Merger
David Ellison officially closed his $111 billion merger of Paramount Skydance and Warner Bros. Discovery on Tuesday, October 6, 2026, creating a new media conglomerate.
David Ellison
Skydance Launches After $111 Billion Paramount and Warner Bros Merger
David Ellison’s $111 billion media conglomerate, Skydance, officially launches on Tuesday after Supreme Court Justice Elena Kagan denied a last-minute effort to halt the…
David Ellison Retains Mark Thompson as CNN Chief, Unveils Skydance Leaders
Paramount Skydance chief executive David Ellison is retaining Mark Thompson as CNN chief following the roughly $110 billion acquisition of Warner Bros.
$110 Billion Paramount Skydance Deal Keeps Mark Thompson as CNN CEO
Mark Thompson will remain chief executive and editor-in-chief of CNN as the network’s parent company, Warner Bros.
David Ellison Appoints Ynon Kreiz as Co-CEO of Paramount Skydance
Paramount Skydance and Warner Bros. Discovery secured key U.S. regulatory and legal approvals for their 110 billion dollar merger after a federal court modified a no-close order.