Business · 2 hours ago
Paramount Skydance finalises $110bn Warner Bros Discovery acquisition
™/®Paramount Pictures Corporation (Paramount Global) (Wikimedia, PD US expired) | Oa455348 (Wikimedia, CC-BY-SA-4.0)
Paramount Skydance completed its acquisition of Warner Bros Discovery on Tuesday, October 6, forming one of the world's largest entertainment companies. The $110 billion deal brings together major franchises like Harry Potter and Mission: Impossible, along with brands such as HBO, CBS, and CNN. David Ellison, Skydance's CEO, is set to head the new media conglomerate, whose shares will be listed with the ticker "SKYD".
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