COMMENTARY: Hollywood’s Changing Guard: Will Paramount and Warner Bros. Survive the Skydance Takeover?
October 6, 2026, saw another major event in Hollywood's long and often messy history as Paramount Skydance completed its $110 billion acquisition of Warner Bros. Discovery. The new entity will be called Skydance and will be run by David Ellison (son of Oracle co-founder Larry Ellison). For the investors it's a golden opportunity to build a very serious competitor in an industry that's increasingly being run by streaming and tech companies. For us folk who are genuinely interested in the history of Hollywood though, it's a bit of a worry. The future of Paramount and Warner Bros. (the two studios that essentially created the motion picture industry) is now very much in doubt.