Entertainment
Skydance Merges and Faces Layoffs Amid Merger
Paramount Skydance and Warner Bros. Discovery have merged into Skydance Corp., with layoffs expected following the integration. Steven Spielberg will oversee the 'Transformers' franchise, with an eighth movie in development.
Coverage timeline — 2 articles
Variety
Steven Spielberg has taken on the task of helming the “Transformers” franchise amid development on Paramount Pictures’ eighth movie based on the IP. He will serve as an executive producer on “Transformers 8,” as he has on previous “Transformers” films, but a
2026-10-06 15:24 UTC
Variety
Paramount Skydance and Warner Bros. Discovery have officially merged into Skydance Corp. And the top leaders have notified the new company’s staffers that layoffs are in the offing. David Ellison, chairman and CEO, and co-CEO Ynon Kreiz (formerly chief exec of Mattel) sent a memo to staffers a
2026-10-06 15:32 UTC