Paramount wraps up mega Warner Bros merger to create Hollywood powerhouse Skydance

To display this content from YouTube, you must enable advertisement tracking and audience measurement. One of your browser extensions seems to be blocking the video player from loading. To watch this content, you may need to disable it on this site. Cover image: © France 24 01:36 Issued on: 07/10/2026 - 12:26 Paramount Skydance completed its blockbuster $110 billion takeover of Warner Bros Discovery on Tuesday, creating a Hollywood heavyweight that hands CEO David Ellison control of one of the world's ​largest entertainment and news businesses. The deal brings together the studios behind "Mission: Impossible," "Harry Potter" and DC Studios alongside major television and streaming networks such as CBS, CNN and HBO Max. The Ellison family has notably held a long relationship with Republican President Donald Trump, who said that Skydance is “going to be a great company.”