The long-awaited name for entertainment’s newest media giant is here. David Ellison, CEO of Paramount Skydance, has confirmed the combined Paramount-Warner Bros. Discovery entity will be called simply “Skydance,” with both legacy studios continuing to operate as distinct brands under the new corporate umbrella.
Table of Contents
The Announcement
Ellison revealed the name in a post on X, accompanied by a sizzle reel of footage spanning the combined company’s film and television properties. He explained that the name was chosen specifically to avoid overshadowing either legacy studio, writing that Paramount and Warner Bros. have each shaped over a century of culture, and that bringing them together wasn’t about rewriting that history, but about giving both iconic studios a more powerful engine behind them. He added that the companies “shaped over a century of culture” and that together, they’d now operate as “Skydance: a creative-first home for bold, quality storytelling.”

Rebrand Snapshot
| Detail | Information |
|---|---|
| New Corporate Name | Skydance |
| Formal Legal Name | Skydance Corporation |
| Announced By | David Ellison, CEO |
| Merger Close Date | October 6, 2026 |
| New Stock Ticker | SKYD (changed from PSKY) |
| Exchange Move | Nasdaq to New York Stock Exchange |
| Co-CEO | Ynon Kreiz (former Mattel CEO), handling day-to-day operations |
| Origin of Name | Ellison’s original production company, founded 2006 |
| Retained Brands | Paramount, Warner Bros., DC, HBO Max, Nickelodeon, CBS, Paramount+, CNN, and others |
Why Skydance and Not a Combined Name
Ellison addressed the reasoning directly, noting that industry observers had speculated about combined names like “ParaBros” or “WarnerMount,” but that he deliberately avoided merging the two studio names together. He said both Paramount and Warner Bros. carry distinct identities and legacies that have resonated with generations of audiences, and that rather than diminish either brand, the goal was to give the parent company its own separate identity — one that would allow Paramount, Warner Bros., and all of the group’s other brands to remain in the spotlight rather than compete with a hybrid corporate name.

What’s Under the Skydance Umbrella
Alongside Paramount and Warner Bros. as flagship studio brands, the new Skydance structure will continue to house a wide range of existing properties, including DC, HBO Max, Nickelodeon, CBS, Paramount+, and CNN, among others. The name itself traces back to Ellison’s original production company, Skydance Productions, founded in 2006 and renamed Skydance Media in 2020, before becoming Paramount Skydance Corporation following last year’s merger with Paramount Global and National Amusements.
The Business Details
The merged company’s stock will move from the Nasdaq to the New York Stock Exchange, with its ticker symbol changing from “PSKY” to “SKYD.” The company also intends to formally amend its certificate of incorporation to adopt “Skydance Corporation” as its legal name. The Paramount-Warner Bros. Discovery merger itself is expected to close on October 6, 2026. Ellison has already begun reshaping the combined company’s leadership, notably bringing in former HBO CEO Casey Bloys to oversee both Paramount+ and HBO Max, while former Mattel CEO Ynon Kreiz is set to serve as co-CEO handling day-to-day operations, freeing Ellison to focus on broader strategy.
Why It Matters
The naming decision settles one of the more closely watched open questions surrounding one of the largest media mergers in recent history, positioning Skydance as a new conglomerate rivalling Disney in scale while deliberately preserving the cultural cachet of both Paramount and Warner Bros. as standalone brands rather than folding them into a single combined studio identity.

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FAQs
What will the combined Paramount-Warner Bros. company be called?
Skydance, officially “Skydance Corporation.”
Will Warner Bros. and Paramount still exist as brands?
Yes, both will continue operating as distinct brands under the Skydance corporate umbrella.
When does the merger officially close?
October 6, 2026.
What will the new company’s stock ticker be?
SKYD, replacing the current PSKY ticker, and the stock will move from Nasdaq to the New York Stock Exchange.
Who will run the combined company?
David Ellison remains CEO focusing on strategy, with former Mattel CEO Ynon Kreiz serving as co-CEO overseeing daily operations.





