(FILES) (COMBO) This combination of files pictures created on December 22, 2025 shows the Paramount logo (TOP) displayed at Columbia Square along Sunset Blvd in Hollywood, California on March 9, 2023 and the WB logo on the exterior of Warner Bros. Studios, Burbank in Burbank, California on October 21, 2025. Paramount Skydance completed its $110 billion takeover of Warner Bros. Discovery on October 6, 2026, creating a new Hollywood heavyweight called Skydance and giving CEO David Ellison control of one of the world's largest entertainment companies in a deal set to reshape the media landscape. (Photo by Patrick T. Fallon and Robyn Beck / AFP via Getty Images)