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 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’s $111 billion media conglomerate, Skydance, officially launches on Tuesday after Supreme Court Justice Elena Kagan denied a last-minute effort to halt the…