It’s official: Paramount has closed its $81 billion takeover of Warner Bros. Discovery.
The companies completed the deal on Tuesday, ushering in a new Hollywood giant called Skydance. The merger brings two of America’s oldest moviemaking studios together. HBO Max, titles ranging from “Harry Potter” to “Sinners,” and networks like CNN find themselves under the same roof as Paramount+, CBS and the likes of “Top Gun” and “The Godfather.”
All of them will come under the control of billionaire David Ellison and his new co-CEO, Ynon Kreiz.
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#APPhoto by Jae C. Hong