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12 other outlets reported this story in the last 3 days.
Ellison and his team must braid together two huge film studios (housing nine film labels), four streaming services, three TV production studios, three animation units and more than 50 television networks, including two prominent news organizations.
Skydance ushers in a new era of entertainment with its Paramount and Warner Bros. Discovery combination, promising global scale, creative innovation and nearly $70 billion in revenue while targeting $6 billion in synergies.
Skydance includes two film studios, the CBS broadcast network, a sprawling pay TV portfolio and streaming services Paramount+ and HBO Max.