Warner Bros film chiefs Michael De Luca and Pamela Abdy are leaving as the $110 billion Paramount merger nears its close. Multiple sources confirmed the news on October 2. The merger is expected to close on October 6. De Luca and Abdy will not join David Ellison’s new management team. Paramount film heads Dana Goldberg and Josh Greenstein will oversee both studios. The combined company will be called Skydance. Paramount and Warner Bros will keep their own brands and logos. De Luca and Abdy took over Warner Bros in 2022. They delivered hits like Sinners and A Minecraft Movie. The studio won 11 Oscars from 30 nominations under their watch. Their contracts were renewed just a year ago. James Gunn is expected to stay on at DC Studios. The shake-up marks the end of an era in Hollywood. Hollywood is watching closely, as the merger will reshape studio power for years to come.