EntertainmentParamount Completes $110 Billion Warner Bros Merger to Form Skydance
Paramount Skydance finalized its $110 billion acquisition of Warner Bros Discovery, creating a major entertainment company named Skydance. CEO David Ellison now leads a conglomerate including studios behind Mission: Impossible, Harry Potter, and DC Studios, plus networks like CBS, CNN, Paramount+, and HBO Max. The merged company trades on the NYSE as SKYD after clearing legal hurdles with US states and writers' unions.
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