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Skydance Paid $78 Billion to Swallow Warner Bros. Discovery and Take Its Name
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October 12, 2026

Skydance Paid $78 Billion to Swallow Warner Bros. Discovery and Take Its Name

Paramount Skydance closed its Warner Bros. Discovery acquisition on October 6, folding WBD into one company named Skydance with nearly $70 billion in revenue. The roughly $78 billion price runs ahead of a year's sales, which tells you what the buyers are really after.

Saurabh Borakhade