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Paramount Skydance-Warner Bros. Discovery Merger Closes; Gunn and Safran Named DC Studios Co-Chairmen

David Ellison and Ynon Kreiz said the deal is complete, with DC Studios leading a unified DCU strategy across film, TV, animation and gaming.

David Ellison and Ynon Kreiz announced on Tuesday that the Paramount Skydance-Warner Bros. Discovery merger deal is complete, according to Bleeding Cool.

With the deal closed, James Gunn and Peter Safran were named Co-Chairmen of DC Studios, joining the newly merged company's CEO Business Leadership Team.

DC Studios was defined as leading a unified DCU strategy across film, TV, animation and gaming.

The appointment of Gunn and Safran to the CEO Business Leadership Team had been announced a day before the merger completion. In October 2025, James Gunn's Superman film was released.

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