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Paramount Skydance completes $111 billion Warner Bros. Discovery merger

Original: Paramount Skydance has completed its $111B merger with Warner Bros. Discovery

Paramount Skydance has completed its $111 billion merger with Warner Bros. Discovery, creating one of the largest media and entertainment companies in the world. The deal combines Paramount's film and television assets, including CBS and Paramount Pictures, with Warner Bros.' HBO, Warner Bros. studios and cable networks, reshaping the Hollywood and streaming landscape and prompting debate over consolidation, job cuts and the future of streaming competition.

Why now: The closing of one of the biggest media mergers in years immediately reshapes the entertainment and streaming industry.

Paramount SkydanceWarner Bros. DiscoveryHBOParamount PicturesWarner Bros.

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• Paramount Skydance has completed its $111B merger with Warner Bros. Discovery · Mgtyalx · 234

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