6 articles
Paramount and Warner Bros. Discovery complete their $111 billion merger, forming Skydance with HBO, CNN, Paramount+ and two major Hollywood film studios.
Paramount has completed its $110 billion acquisition of Warner Bros. Discovery, creating Skydance, a media giant spanning studios, streaming, TV and news.
After their merger closes, Paramount and Warner Bros. Discovery will operate as Skydance, while the Paramount and Warner Bros. studio brands remain intact.
Oracle executive chairman Larry Ellison cancelled a planned sale of 50 million Oracle shares worth about $7.5 billion, the company said.
A U.S. federal judge has temporarily paused Paramount Skydance’s proposed $110 billion acquisition of Warner Bros. Discovery following an antitrust lawsuit from 12 state attorneys general.
Paramount has submitted an amended $108.4 billion bid for Warner Bros. Discovery, adding a $40.4 billion personal guarantee from Larry Ellison. The move follows the WBD board’s rejection of…
Written by the reporters who cover each beat. Unsubscribe in one click.
