David Ellison says the combined company formed by the merger of Paramount and Warner Bros. Discovery will be called “Skydance.” Multiple outlets report that Ellison makes the announcement via a post on X, and that the new name is intended to give the merged business a distinct identity.
Sources also agree the merger is set to close next week, described as Tuesday across several reports. Quartz and others add that, upon closing, the company will trade under the ticker “SKYD.” While the umbrella company name changes, several outlets note that Paramount and Warner Bros. will remain as distinct studios under the larger corporate structure.
The coverage emphasizes different context points. CNBC and the Los Angeles Times frame the naming as a full-circle or personal reference to Ellison’s earlier Hollywood venture. Variety reports Ellison chose the name from his original film production company, Skydance Media, to reflect the broader conglomerate. Deadline and The Verge focus on the timing and the expected completion following antitrust-related delays.
