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Destructoid
Destructoid
Andrej Barovic

Paramount announces new massive gaming studio and publisher, set to show its first game at SGF today

Following its bombshell acquisition of Warner Bros., Paramount is now looking to combine its robust library of IPs with Skydance’s gaming studios, thus forming a new publishing and development entity—Paramount Games Studio.

This is according to Variety, which wrote that Paramount Skydance was forming a “unified” gaming studio by merging the existing Skydance New Media and Skydance Interactive with Paramount’s IPs, because Paramount reportedly primarily focused on licensing its IPs out to third parties and now strives to make things on its own.

Riding a creature in Hogwarts Legacy
Paramount Skydance now owns the rights to the Harry Potter IP. Image via Avalanche Software
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