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Paramount completes $111 billion merger with Warner Bros.
Original: Paramount completes $111B Warner merger, creating “Skydance” behemoth Paramount now owns Warner Bros. as last-ditch effo
Paramount has completed its $111 billion merger with Warner Bros., creating a combined media company operating under the Skydance name. The deal closed after a last-ditch effort to block it failed, clearing the way for one of the largest consolidations in Hollywood history and uniting major studios, film libraries and streaming assets under a single owner.
Why now: The closing of a massive merger reshaping the entertainment industry has just been confirmed.
Evidence
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