David Ellison wasted no time in adding the Skydance name to the iconic Warner Bros. water tower in Burbank.
\n\nOn Tuesday morning, shortly after Paramount officially closed its $111 billion merger with Warner Bros. Discovery to form Skydance, the famous landmark on the Warner Bros. studio lot was updated with a new line: “A Skydance Corporation.”
\n\nThere’s precedent for the move: After Ellison closed Skydance Media’s takeover of Paramount Global in August 2025, the water tower on the Paramount Pictures Studios lot in Hollywood was updated to add “A Skydance Corporation” as well. That indicates, by the way, that Ellison’s plan all along was to rename a merged Paramount-WBD as Skydance, the name of the film production firm he founded in 2006.
\n\nHere’s a photo of workers adding the Skydance name to the WB water tower:
\n\nThe merger — which had been opposed by many actors, filmmakers and other industry professionals — brings together the two major studios; TV networks including CBS, CNN, Comedy Central, MTV and TNT; and streaming services Paramount+ and HBO Max. The new Skydance will have annual revenue of nearly $70 billion, according to the company, but it also will have to manage paying down some…
Original source: https://variety.com/