Paramount's $111 billion merger with Warner Bros creates Skydance, reshaping film and news
- Skydance has completed its $110 billion takeover of Warner Bros Discovery, creating a major new Hollywood giant.
- The merger brings Paramount+ and HBO Max under one umbrella, with plans for a single streaming service.
- The combined company controls major brands including Harry Potter, DC, Mission: Impossible and Star Trek.
- CNN and CBS News are also part of the new Skydance empire, raising questions about media ownership and news.
Source: firstpost.com
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