Paramount Skydance CEO David Ellison has announced that the company will just be called Skydance when it completes its $110 billion merger with Warner Bros. Discovery next week. In a post on X, Ellison writes that "we wanted a name that would give the combined company an identity of its own while allowing Paramount and Warner Bros. - and all our extraordinary brands - to remain in the spotlight."
Earlier this week, a judge approved the settlement Paramount reached with California and 11 other states that sued over the planned acquisition, clearing the last major hurdle blocking the deal. Under the deal, Paramount must release a minimum numb …