Paramount Skydance and Warner Bros Discovery merge to form new media giant
David Ellison expects the merger of Paramount Skydance and Warner Bros Discovery to close in about two weeks after settling a 12-state antitrust lawsuit.
Combined content library includes major franchises
The merged entity will house a vast collection of intellectual property from both companies. Assets include the Yellowstone universe, Mission Impossible films, and the Harry Potter franchise. The new company also controls streaming services like HBO Max and Paramount+ alongside linear networks such as HGTV and CBS.
Merger follows settlement of legal challenges
The deal moves forward after resolving an antitrust lawsuit that sought to block the combination. David Ellison told employees on Monday that the transaction is now clear to proceed. The settlement allows the combined organization to operate with its full range of brands and networks.
Reported by one outlet
Only one outlet has published this. Nothing here has been checked against a second report, so read it as that outlet's account and follow the link below for the original.
Reported by
1 independent outlet. Headline as published. Links open the original report.