Paramount completes Warner Bros merger, forms Skydance
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Paramount Skydance has closed its approximately $110 billion takeover of Warner Bros. Discovery, combining two Hollywood giants into a new media company called Skydance. Led by CEO David Ellison and co-CEO Ynon Kreiz, Skydance now oversees Paramount Pictures, Warner Bros. Pictures, CNN, CBS News, and HBO Max, trading on Wall Street as 'SKYD.'
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