Paramount completes $111B Warner merger, creating “Skydance” behemoth
Paramount has finalized a $111 billion merger with Warner Bros., resulting in the formation of a new media entity branded as Skydance. The deal marks the conclusion of a high-stakes effort to consolidate the two major media companies.
Why it matters
This massive consolidation significantly alters the landscape of the global entertainment and media industry.
Paramount now owns Warner Bros.
Also covering this story
11 other newsrooms covered this event. We read each version separately.
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