Done Deal: Paramount Completes Warner Bros. Takeover, Creating Hollywood Giant

Paramount has finalized its $110 billion acquisition of Warner Bros. Discovery, establishing a Hollywood powerhouse named Skydance. Controlled by the Ellison family, the new entity integrates the Warner Bros. and Paramount film studios, alongside streaming platforms HBO Max and Paramount Plus. The combined company is scheduled to begin trading on the New York Stock Exchange this week, marking the completion of a mega merger that creates a dominant giant within the global entertainment industry.