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Paramount wraps up mega Warner Bros merger to create Hollywood powerhouse Skydance

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 07/10/2026, 10:38:24 UTC.

Briefings

Paramount Skydance completed a $110 billion takeover of Warner Bros Discovery on Tuesday, establishing a new Hollywood heavyweight led by CEO David Ellison. The merger combines major studios like Mission: Impossible and Harry Potter with networks including CBS, CNN, and HBO Max. The Ellison family has maintained a long relationship with President Donald Trump, who publicly praised the company's future prospects.

Key points

• Paramount Skydance completed a $110 billion takeover of Warner Bros Discovery on Tuesday, creating a new Hollywood heavyweight.
• The deal combines major studios including Mission: Impossible and Harry Potter with networks such as CBS, CNN, and HBO Max.

Context and limitations

Evidence covers the completion of the merger and key stakeholder relationships; specific operational details, financial projections, or future strategic plans are not provided.

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