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Paramount wraps up mega Warner Bros merger to create Hollywood powerhouse Skydance
Paramount Skydance completed its blockbuster $110 billion takeover of Warner Bros Discovery on Tuesday, creating a Hollywood heavyweight that hands CEO David Ellison control of one of the world’s largest entertainment and news businesses. The deal brings together the studios behind “Mission: Impossible,” “Harry Potter” and DC Studios alongside major television and streaming networks such as CBS, CNN, Paramount+ and HBO Max — forming an expansive entertainment company spanning film, TV and news. The merger is a chance “to build the next-generation media and entertainment company, powered by cre...
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