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Skydance Merges with Paramount: Access to Major Franchises

2/25/2026

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Story summary
  • Skydance, led by Ellison, merged with Paramount, gaining access to Sonic the Hedgehog and upcoming Scream 7 and Paw Patrol 3.
  • Paramount's box office lags behind Warner Bros., which owns DC and Harry Potter franchises.
  • Skydance's biggest hits include Top Gun: Maverick and the Mission: Impossible films, led by Tom Cruise.
  • Many Skydance titles carry high production costs, prompting questions about profitability as the industry shifts toward streaming.