BURBANK, CALIFORNIA - OCTOBER 06: In a aerial view, workers change the sign on the Warner Bros. water tower to say "A Skydance Corporation" at Warner Bros. Studio on October 06, 2026 in Burbank, California. Paramount Skydance completed its $110 billion acquisition of Warner Bros. Discovery, creating a new global entertainment company called Skydance that combines major film studios, streaming services Paramount+ and HBO Max, and news networks CBS and CNN. (Photo by Justin Sullivan/Getty Images)