Paramount has completed its acquisition of Warner Bros. Discovery, with the combined company now officially operating as Skydance, according to a statement from Skydance reported by Fightful.
The announcement describes the deal as building on “the storied history of two of the world’s most recognizable entertainment companies, forming a single creative powerhouse.” The combination brings together Paramount and Warner Bros. Discovery under a single corporate banner for the first time.
Both companies have significant footprints in professional wrestling broadcasting. Warner Bros. Discovery owns networks including TNT and TBS, which air AEW programming, while Paramount’s portfolio includes CBS and streaming assets. The full business and editorial implications of the merger for wrestling programming have not been detailed in the available reporting.
No further specifics on programming changes, executive leadership, or network alignment have been confirmed at this time. Fightful’s report is based on the official statement from Skydance announcing the completed acquisition.
