The Daily Buyout
190+ countriesStrategic acquisitionMedia & TelecomCompleted

Legacy Distribution acquires content distributor Vision Films

Legacy Distribution acquired Vision Films, merging both libraries under the Vision Films name, with Legacy CEO Dana Webber leading the combined company and founder Lise Romanoff moving to a consultant role.

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$110BStrategic acquisitionMedia & TelecomCompletedOct 7, 2026

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Paramount completed its $110 billion acquisition of Warner Bros. Discovery on October 6, forming a combined company called Skydance under David Ellison. The deal unites Paramount+ and HBO Max with CBS, CNN, TBS and franchises like Game of Thrones and the DC Universe. It closed after settlements with a coalition of U.S. states and a Hollywood writers' union cleared the main legal hurdles.