Paramount has confirmed that it has acquired Warner Bros, and the new combined company will be named Skydance. The deal, worth $111 billion, is expected to become official next week after receiving the necessary regulatory approvals. While Paramount and Warner Bros will continue to exist as separate brand names within the new entity, the reorganization is expected to lead to major changes in how the company is structured and operates. The new Skydance entity will include Warner Bros and several television networks. However, these networks will not be used to support Donald Trump. Warner Bros will not be entirely eliminated, but one of its divisions, Warner Bros. Games, may undergo changes. There is speculation that Warner Bros. Games could merge with Skydance New Media's gaming division, which already has its own gaming operations. In the film division, Mike de Luca and Pam Abdy, who were prominent figures at Warner Bros, are reportedly being moved out of their current roles. This suggests that there may be significant changes in the company's leadership structure. The future of Warner Bros. Games remains unclear, but some projects, such as Hogwarts Legacy 2, are expected to continue as planned. According to Variety, Skydance has a debt of $80 billion, which could lead to major restructuring efforts and possibly job losses in the coming weeks and months. The financial burden may influence how the new company manages its operations and resources in the near future.