Archive snapshot · Biz
Thu, Oct 8, 10:16 PM ET
Paramount completes Warner Bros. Discovery takeover, creating Skydance media giant
The $110 billion deal closes, merging two legacy Hollywood studios under the Skydance banner and reshaping the industry landscape.
ABC News · +14 outlets
Skydance carries about $80 billion in debt after Warner Bros. acquisition
The combined company inherits a heavy debt load that analysts flag as a key risk for the newly formed studio.
TradingView · +13 outlets
Paramount Skydance pays Netflix $2.8 billion breakup fee after winning Warner Bros. battle
Netflix exits the bidding war with a multi-billion dollar termination payment after Paramount's offer is deemed superior.
Foreign Policy Journal · +14 outlets
Skydance plans to fold HBO Max and Paramount+ into a single streaming app
The merged company intends to combine its two flagship streaming services, leaving the fate of Discovery+ unclear.
SSBCrack · +14 outlets
David Zaslav collects $606 million payout from Paramount-Warner Bros. merger
The former Warner Bros. Discovery CEO's exit package is one of the largest executive payouts tied to the deal.
Variety · +2 outlets
Skydance shares sink 8% a day after completing Warner Bros. Discovery acquisition
Investors sold off the newly combined company's stock while Netflix held flat and Disney slipped.
Yahoo Finance · +5 outlets
Paramount Skydance Q2 beats estimates, raises 2026 outlook as CEO stands by $110B WBD deal
The company posted stronger-than-expected quarterly results but its stock slipped in after-hours trading.
Stocktwits · +3 outlets
David Ellison says corporate will stay out of editorial decisions at CNN and CBS News
The Skydance chief addresses concerns about political influence over the newly acquired news networks.
Media Play News · +14 outlets
Tom Cruise's 'Digger' projected to lose $250 million
The big-budget film is on track to become one of the actor's largest box office losses.
TheWrap · +12 outlets
Warner Bros. Discovery Q2 streaming revenue tops $3 billion
The final standalone results show the streaming segment crossing the $3 billion mark amid the merger.
scanx.trade · +14 outlets
Disney pitches rival studios on Infinity Vision large-screen format
Disney is courting other studios to adopt a proprietary premium large-format screen technology.
Yahoo Finance · +10 outlets
'Avengers: Doomsday' hits $100 million in presales, tracking to top 'Supergirl' full run
Marvel's next ensemble film is generating massive advance ticket sales ahead of release.
MensXP · +7 outlets
Xbox re-enters movie and TV content production with 'XP'
Microsoft's gaming division returns to producing film and television content under a new banner.
Media Play News · +2 outlets
Paramount Skydance's acquisition of Warner Bros. Discovery's TVN to undergo Polish review
Regulators in Poland will scrutinize the deal's impact on the TVN broadcast network.
Yahoo Finance · +4 outlets
Tony Blair joins Skydance as advisor alongside billionaire backers
The former UK prime minister takes an advisory role at the newly created Hollywood giant.
This is Money
Ridley Scott's sci-fi epic exits 3,330 theaters as one of the year's biggest box office flops
The director's latest release is pulled from a wide theatrical footprint after a disappointing run.
MovieWeb
'Spider-Man: Brand New Day' sets digital and Netflix streaming dates after record run
The Sony-Marvel film heads to home and streaming release following its theatrical performance.
The Movie Blog
'Crazy Rich Asians' sequel announced as HBO Max series
The franchise continues as a streaming series rather than a theatrical film.
USA Today

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