Paramount Games Studio and WB Games merge under Skydance following completion of $111bn acquisition

Key Points:

• Paramount Games Studio and Warner Bros. Games will merge into a single unit under Skydance, led by Tony Driscoll, following Paramount's $111 billion acquisition of Warner Bros. Discovery (WBD).
• The merged games and experiences division will oversee projects based on both companies' intellectual properties, aiming to build engagement across TV, film, games, consumer products, and publishing.
• Paramount Games Studio, established recently and previously focused on licensing, will now integrate with Skydance's interactive and new media studios to enhance internal development and community building.
• Josh Silverman has been appointed president of global products and publishing, while existing executives Jim Sterner and Jose Turkienicz will continue in their roles as part of the new organizational structure.
• Skydance CEO David Ellison acknowledged that the merger will involve difficult decisions and changes but emphasized a commitment to swift, transparent communication and focus on creating a next-generation media and entertainment company.