https://www.live-feeds.com/feed/the-ellison-credit-complex-gets-a-bit-more-complexContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/the-ellison-credit-complex-gets-a-bit-more-complexhttps://www.live-feeds.com/feed/the-ellison-credit-complex-gets-a-bit-more-complex#u102447Mon, 05 Oct 2026 11:41:11 +0000Paramount and Warner Bros. Discovery are combining into a single media conglomerate named Skydance, backed by a massive $110 billion leveraged buyout. The newly formed entity carries approximately $80 billion in debt, wrapping up a $52 billion debt saga. David Ellison announced the rebrand on social media, explaining that Paramount and Warner Bros. will remain as sub-brands. Ynon Kreiz steps in as co-CEO to manage day-to-day operations. Meanwhile, the newly issued bonds experienced a rough opening day on the market, with Paramount Skydance bonds falling on their first trading day.Why it matter