00:00David Ellison says the combined Paramount and Warner Brothers Discovery Company will be called Skydance once the blockbuster merger closes
00:07next week.
00:08The name comes from Ellison's studio, which was founded two decades ago and has become a major force in film
00:15and television.
00:16Paramount and Warner Brothers will retain their identities as individual studios within the larger company, while the combined corporation will
00:23operate under the Skydance name.
00:25The move gives Ellison's company a new corporate identity as it prepares to oversee one of Hollywood's largest entertainment portfolios.
