Controversial $110 billion mega-merger of Paramount and Warner Bros.… | HappeningNow.news

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Controversial $110 billion mega-merger of Paramount and Warner Bros. finally closes

New media empire will be known as Skydance, with CEO David Ellision calling it a ‘historic day. ' After nearly a year of negotiations , opposition and regulatory hurdles , the Paramount-Warner Bros.

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The $110 billion Paramount‑Warner Bros. merger closed today, creating a new media empire named Skydance. CEO David Ellision described the completion as a “historic day.” The deal concluded after nearly a year of negotiations, opposition, and regulatory hurdles. This finalization marks the end of the prolonged process that had delayed the consolidation of the two companies.

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