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Paramount Skydance has completed its US$110 billion acquisition of Warner Bros. Discovery, with plans to combine HBO Max and Paramount+.
David Ellison’s $17B Paramount Skydance deal to buy Warner Bros. Discovery: share details, filings, and price paid.
The blockbuster deal puts David Ellison at the helm of a media powerhouse spanning Paramount, Warner Bros, CBS, CNN, HBO Max and Paramount+, as traditional entertainment companies face pressure from streaming, Big Tech and AI.