Paramount Skydance merges with Warner Bros. Discovery in a $81 billion deal
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Paramount Skydance merges with Warner Bros. Discovery in a $81 billion deal
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SKYDANCE Just Changed Hollywood Forever 😳 #shorts
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Here’s what the Skydance merge means 👀
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Paramount Closes $81 Billion Warner Bros. Deal, Creating Skydance
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Paramount closed its Warner Bros. Discovery deal on October 6. The combined company is Skydance, ticker SKYD, at about $110 billion including debt. Warner holders got about $31 a share. David Ellison is chairman and CEO. The Bonta settlement requires 30 films a year, $1.5 billion in U.S. production, and editorial boards for CNN and CBS. Bari Weiss and Mark Thompson are staying.
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A CNN and CBS News merger seems INEVITABLE. What’s it going to look like? #skydance #media #journalism @Oliver Darcy
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