Paramount completes its takeover of Warner Bros to become one Hollywood giant known as Skydance
Skydance-owned Paramount has closed its $81 billion takeover of Warner Bros
4 articles from ABC Politics, Japan Times, TechCrunch, Engadget.
Skydance-owned Paramount has closed its $81 billion takeover of Warner Bros
The new company, which will be called Skydance, combines two of the five largest Hollywood film studios.
The deal brings together two major streaming platforms, Paramount+ and HBO Max, along with networks including CBS, CNN, MTV, TBS, Comedy Central, and Food Network.
New media empire will be known as Skydance, with CEO David Ellision calling it a 'historic day.'