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Paramount Skydance and Warner Bros. Discovery have officially merged into Skydance Corp. And the top leaders have notified the new company’s staffers that layoffs are in the offing. David Ellison, chairman and CEO, and co-CEO Ynon Kreiz (formerly chief exec of Mattel) sent a memo
Variety ·
The merger of two of Hollywood's biggest movie studios comes after months of legal disputes and concern over competition.
feeds.bbci.co.uk ·
New media empire will be known as Skydance, with CEO David Ellision calling it a 'historic day.'
Engadget - Technology News & Expert Reviews ·
It’s been a hell of a ride. David Ellison’s quest to control two iconic Hollywood studios has finally been completed — added a rollicking new chapter to the storied recent history of Hollywood megamergers. On the morning of Tuesday, Oct. 6, the Paramount-Warner Bros. Discovery me
Variety ·
The deal brings together two major streaming platforms, Paramount+ and HBO Max, along with networks including CBS, CNN, MTV, TBS, Comedy Central, and Food Network.
TechCrunch ·
Paramount has completed its $110 billion acquisition of Warner Bros. Discovery, forming a combined company known as Skydance . The merger officially puts Paramount and WBD's film studios, along with major networks and brands like HBO, CBS News, and CNN, under one roof. The road t
The Verge ·
Polls are showing that Democrats have a clear advantage heading into the midterms, but that doesn't tell the whole story. And, today, a mega merger between Paramount and Warner Bros. is set to close. (Image credit: Tom Brenner)
NPR Topics: World ·
Deal would have created a supermarket with a market share of 23.6%, still well behind Tesco’s 27.8% Sainsbury’s held merger talks with rival Morrisons this year to discuss a multibillion-pound deal that would have been the biggest shake-up for UK supermarkets in decades, accordin
Business | The Guardian ·