Paramount and Warner Bros Discovery will merge under the new name Skydance, effective after the deal closes on October 6, 2026. This $110 billion merger combines major Hollywood studios, streaming services Paramount+ and HBO Max, and networks like CBS and CNN. Skydance will also control popular franchises such as "The Lord of the Rings," "Game of Thrones," and the DC Universe. Despite the new corporate name, both Paramount and Warner Bros brands will remain prominent, preserving their identities within the merged company.
Paramount and Warner Bros Discovery's merger into Skydance offers context for media sector activity on Pluang. As of Oct 02, 2026 19:52 WIB, 34 of 45 priced US media stocks rose while 8 fell. Notable movers include DoorDash Inc at USD 185.05 with a 1-day change of +1.58%, Bilibili Inc at USD 14.56 down 1.49%, and Lumen Technologies Inc at USD 5.67 up 1.43%.
NextEra Energy and partners are developing Project Star, a $22.3 billion natural gas-powered energy campus in Encinal, Texas, aimed at powering a large data center and supplying the grid. The campus will have 6.47 gigawatts of generation capacity, wi...
UBS has increased its price target for G-III Apparel Group to $27.00 from $26.00, reflecting confidence in the company's financial health and market position. Although the current share price slightly exceeds UBS's target, other analysts see potentia...
Enerflex secured a contract to build about 450 megawatts of natural gas-fired power units for a North American data center developer, with deliveries starting in 2027 and completing in 2028. The company’s 2026 capital spending includes $15 million fo...
UBS lowered its price target for McCormick from $52 to $48 following the company's Q3 fiscal 2026 results. Although McCormick beat expectations and confirmed its full-year outlook, its net income fell sharply to $97.6 million from $225.5 million year...
TransUnion has announced that its VantageScore 4.0 mortgage scores will be priced at $0.99 each until December 2028, providing stable and predictable costs for lenders. This pricing strategy follows the Federal Housing Finance Agency's decision to ex...
