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Skydance Is Here: Paramount Closes $110 Billion Warner Bros. Merger After Months Of Controversy
A settlement last week cleared the way for the controversial deal to go through.
Paramount Skydance Corporation (NASDAQ: PSKY) ("PSKY") and Warner Bros. Discovery, Inc. (NASDAQ: WBD) ("WBD" or "Warner Bros. Discovery") today announced that the merger (the "Merger") contemplated by ...
Skydance begins trading as a $70 billion-revenue studio with $80 billion in debt, two streamers, two news networks and a consent decree on production spending.
The long-gestating merger of Paramount and Warner Bros. Discovery has closed, yielding a new major player in media.
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