#Business
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