Paramount-Warner Bros. Discovery group to adopt Skydance name

The company formed through the merger of Paramount Skydance and Warner Bros. Discovery will be named Skydance Corporation when the transaction closes next week. The deal is expected to be completed on Oct. 6, subject to customary closing conditions, according to company filings. It values Warner Bros. Discovery at an enterprise value of about $110 billion. The Skydance name comes from the film and television production company founded by David Ellison, who...