After the news that a multi-billion-dollar merger between Warner Bros. Discovery and Paramount-Skydance had cleared one of its last hurdles, questions started to emerge about what the combined forces would collectively be known as.
A name change announcement felt imminent, as it seemed unlikely the company would be known by the clunky title Warner Bros. Discovery-Paramount-Skydance.
David Ellison, the man heading up the industry-shaping merger, announced on Friday that the company will now simply be known as Skydance.
What once was the peak, is now just the beginning.
Paramount and Warner Bros. shaped over a century of culture. By combining them, we aren't rewriting history — we're equipping these iconic studios with a more powerful engine. Together, we are Skydance: a creative-first home for… pic.twitter.com/uInLRY3IrE
— David Ellison (@ellisonskydance) October 2, 2026
In a two-minute trailer, it was revealed that the many major media properties owned under the merger – Paramount, Warner Bros., HBO, CNN, CBS, Paramount+, and others – would be recognized as divisions inside Skydance.
The trailer, showcasing the company’s vast inventory of sports, entertainment, and news, included a short clip of UFC action. Paramount+ is currently in a seven-year, $7.7 billion deal to air all UFC live events in America.
Under the new deal, Skydance currently now has a deal with AEW. TNT and TBS are currently in a media rights agreement with AEW, distributing Dynamite, Collision, and pay-per-view broadcasts. It was revealed in an early 2026 CNN report that Warner Bros. Discovery also had a minority stake in the wrestling brand.
A collection of U.S. state attorneys general had filed a lawsuit earlier this year, attempting to block the colossal merger. A settlement was reached in the lawsuit last month, clearing the way for the agreement to be finalized.
