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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 ·
Paramount has faced competing bids and an antitrust hurdle since its earliest attempts to take over WBD. Here's a timeline of key events.
Business News ·
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 ·
Paramount has completed an $81 billion purchase of Warner Bros. Discovery, as its owner Skydance creates a new entertainment behemoth. Billionaire David Ellison's hostile takeover bid defeated rival efforts from Netflix.
World | Deutsche Welle ·
David Ellison and ex-Mattel CEO Ynon Kreiz to oversee both film studios, HBO Max, CNN and CBS News as co-executives Paramount completed its $111bn acquisition of Warner Bros Discovery on Tuesday, consolidating some of the world’s most recognizable studios and news outlets after a
Business | The Guardian ·
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 ·
The deal is expected to alter the entertainment and news industries but could it mean higher prices for consumers?
feeds.bbci.co.uk ·
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 ·
The leadership team for Skydance, the merged entity of Paramount Skydance and Warner Bros. Discovery, will include Bari Weiss, Mark Thompson and Casey Bloys.
Business News ·
Alejandro G Iñárritu’s film may be about to become one of the biggest bombs Hollywood has ever seen – but it is destined to be re-evaluated with time This article contains spoilers for Digger I feel for film critics, I really do. Tom Cruise’s latest film Digger put them in an imp
Culture | The Guardian ·
It's a full-circle moment for a company that has undergone two major acquisitions within the last 18 months.
Business News ·
Paramount CEO David Ellison announced outgoing Mattel chief Ynon Kreiz will serve as the co-CEO of the anticipated combination of Paramount and WBD.
Business News ·