EconomyParamount completes Warner Bros takeover, creating media giant Skydance
Paramount completed its acquisition of Warner Bros Discovery on Tuesday after a bidding contest with Netflix. The deal closed once federal authorities approved a settlement with 12 US states that had sought to block it on antitrust grounds. Film-industry opponents warned of job cuts, while media groups said CNN’s independence could be at risk.
Paramount completes Warner Bros takeover, creating media giant Skydance
Economy