Public Company Other

Skydance

Los Angeles, California, United States

Formerly known as Paramount, Paramount (Prince Sub Inc., wholly owned subsidiary, for tender offer), Paramount (Skydance Corporation)

Global media and entertainment company formed through Paramount Skydance’s acquisition of Warner Bros. Discovery and subsequent rebrand as Skydance. Its businesses span film and television studios, streaming services, television networks, news, sports, and a broad portfolio of entertainment brands and content libraries.

Focus Areas
Media & Entertainment, Film and Television Studios, Streaming Services

Tracked deals

6

6 tracked deals across 2025-2026.

Recent pace

6

6 tracked deals announced in the last 12 months.

Deal mix

Buyout

6 buyout

Skydance Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for Skydance. 1 2025 ~6 est. 5 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Paramount Skydance Acquires Warner Bros. Discovery, Inc.
    October 6, 2026
    Buyer
    Paramount Skydance Corporation, Ellison Family, RedBird Capital Partners, Public Investment Fund, L'IMAD Holding Company, Qatar Investment Authority, LionTree, Shinsegae Property
    Target
    Warner Bros. Discovery, Inc.
    Seller
    Warner Bros. Discovery shareholders
    Industry
    Media & Entertainment
    Location
    New York, United States
    Type
    Buyout

    Paramount Skydance completed its cash acquisition of Warner Bros. Discovery, Inc., combining their film studios, television networks, streaming businesses, news operations, sports rights and content libraries under the Skydance name. The transaction was backed by a broad equity investor group, including the Ellison family, RedBird Capital Partners, sovereign wealth funds, LionTree and Shinsegae Property; the combination is intended to expand scale and competitiveness while generating substantial cost synergies.

  • Paramount Skydance Acquires Warner Bros. Discovery
    September 30, 2026
    Buyer
    Paramount Skydance Corporation
    Target
    Warner Bros. Discovery, Inc.
    Industry
    Media & Entertainment
    Location
    New York, United States
    Type
    Buyout

    Paramount Skydance agreed to acquire Warner Bros. Discovery in an all-cash merger valued at approximately $110 billion, bringing together major film studios, television networks, streaming services and content libraries. The combination is intended to create a larger media company with greater capacity to compete with scaled streaming and technology companies and invest in content. As of September 30, the companies expected to close on October 6, subject to customary closing conditions.

  • Paramount Skydance Acquires Warner Bros. Discovery
    June 26, 2026
    Buyer
    Paramount Skydance Corporation
    Target
    Warner Bros. Discovery, Inc.
    Industry
    Media & Entertainment
    Location
    New York, United States
    Type
    Buyout

    Paramount Skydance Corporation acquired Warner Bros. Discovery, Inc. The acquisition was completed on October 6, 2026; Paramount’s related tender and exchange offers for WBD-issued notes were made in connection with the acquisition.

  • Warner Bros. Discovery stockholders approve merger with Paramount Skydance
    April 23, 2026
    Buyer
    Paramount Skydance Corporation
    Target
    Warner Bros. Discovery, Inc.
    Industry
    Media & Entertainment
    Location
    United States
    Type
    Buyout

    Warner Bros. Discovery announced that its stockholders voted to approve the previously announced transaction with Paramount Skydance at a special meeting held the same day. The transaction remains subject to customary closing conditions and is expected to close in Q3 2026.

  • Paramount Acquires Warner Bros. Discovery
    February 27, 2026
    Buyer
    Paramount Skydance Corporation
    Target
    Warner Bros. Discovery, Inc.
    Seller
    Warner Bros. Discovery, Inc. shareholders
    Industry
    Media & Entertainment
    Location
    New York, United States
    Type
    Buyout

    Paramount Skydance Corporation agreed to acquire 100% of Warner Bros. Discovery for $31 per share in cash, valuing WBD at approximately $110 billion in enterprise value. The agreement was announced on February 27, 2026, and the acquisition closed on October 6, 2026, combining the companies’ studios, streaming services, and television businesses.

  • Paramount Skydance launches all-cash tender offer to acquire Warner Bros. Discovery
    December 8, 2025
    Buyer
    Paramount Skydance Corporation
    Target
    Warner Bros. Discovery, Inc.
    Industry
    Media & Entertainment
    Location
    United States
    Type
    Buyout

    Paramount Skydance commenced an unsolicited all-cash tender offer to acquire all outstanding shares of Warner Bros. Discovery for $30 per share. The offer covers WBD in its entirety (including the Global Networks segment) and is framed by Paramount as a more certain, higher-value alternative to WBD’s existing Netflix transaction.

Related Acquisition Pages

Media & Entertainment Buyers & Acquisitions 6 tracked deals by Skydance. Acquisitions in New York 4 tracked deals by Skydance.

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