Skydance Merges Film Operations Across Paramount and Warner Bros

Skydance is restructuring Hollywood film operations by bringing Paramount and Warner Bros. units under one company, with executives in Los Angeles working to coordinate releases, preserve creative independence and pursue a larger annual film output under the new ownership model.

According to TheWrap, Paramount Pictures, Warner Bros., New Line Cinema, DC Studios, Paramount Primal, Republic Pictures, Clockwork and three animation divisions are now part of the same corporate structure. Co-CEO David Ellison has promised 30 films per year, increasing to 32 films starting in Year 3.

TheWrap reported that motion picture group heads Dana Goldberg and Josh Greenstein, along with marketing and distribution chief Josh Goldstine, are responsible for integrating Warner Bros. operations with Paramount's existing pipeline while avoiding conflicts between overlapping releases.

The first insider interviewed by TheWrap described Skydance's current approach as highly open to new projects and creative opportunities.

"I've worked for many years with studio execs who say 'no' way more than they say 'yes,' and right now everything at Skydance is 'yes, yes, yes,'" said the first insider.

The same insider said Goldberg, Greenstein and Ellison have demonstrated their willingness to pursue new films rather than only discuss future plans.

"Dana and Josh and David aren't just saying they're open for business. They're showing it. And I think other people will see that soon as they show everyone what films they are going to make," said the first insider.

A second Hollywood veteran consulted by TheWrap questioned whether Skydance's ambitious production target can be maintained over time. The source pointed to the company's financial obligations and expansion plans.

"David's whole mentality with movies has always been 'bigger, bigger, bigger, more, more, more.' The 30 films a year promise lines up with that, and they're going to fight over the next couple of years to make sure everyone sees they're sticking to that," said the second insider.

TheWrap also reported that Skydance will continue operating major labels as separate creative entities while coordinating release schedules across the company. Ynon Kreiz said the strategy is designed to balance individual studio identities with broader corporate planning.

"The plan is to keep the studios independent creatively, so that each studio will have its own slate, its own relationship, its own opportunities," said Skydance co-CEO Ynon Kreiz.

Kreiz added that the company would coordinate releases by genre and audience demographic to improve overall scheduling. Warner Bros. distribution and marketing executives are expected to remain involved as the transition continues.

A film producer who spoke with TheWrap expressed cautious support for Skydance's plans while emphasizing the importance of execution.

"I'm cautiously optimistic," said the film producer. "Skydance has made ambitious promises, and Hollywood is ready to see them translate into green lights and real opportunities. If they back creative talent and take smart chances, they can make a meaningful difference. The execution will tell us."

TheWrap reported that Skydance's upcoming slate includes Warner Bros. and Legendary Pictures' "Dune: Part Three," while the company prepares for a larger release schedule beginning in 2027.