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Deal: Paramount now owns Warner Bros.

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 06/10/2026, 14:16:25 UTC.

Briefings

Paramount completed the acquisition of Warner Bros Discovery, resulting in a new entity named Skydance. This merger combines Paramount's assets with Discovery's, creating a consolidated media company. The transaction concluded after months of regulatory review, marking a significant consolidation in the entertainment industry.

Key points

• Paramount completed the acquisition of Warner Bros Discovery, resulting in a new entity named Skydance.
• The merger combines Paramount's assets with Discovery's, creating a consolidated media company.

Context

This transaction concludes months of regulatory review, consolidating major media assets into a single entity. The merger represents a significant shift in the entertainment landscape, merging two large media companies.

Limitations

Evidence is limited to the conclusion of the merger and the resulting entity name. No details on specific assets acquired, financial figures, or future strategic plans are provided.

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