Paramount Completes $110 Billion Warner Bros. Merger, Forms Skydance
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Paramount Skydance completed its $110 billion acquisition of Warner Bros. Discovery on Tuesday, creating a new media giant called Skydance under CEO David Ellison. The merger unites Paramount Pictures, Warner Bros. studios, HBO Max, CBS News, and CNN, with the combined company now trading as 'SKYD' on the NYSE.
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