EconomyParamount completes $110 billion Warner Bros takeover, creating Hollywood powerhouse
Paramount Skydance completed its $110 billion takeover of Warner Bros Discovery on Tuesday, creating a major Hollywood company led by CEO David Ellison. The deal combines studios behind Mission: Impossible, Harry Potter and DC Studios with CBS, CNN and HBO Max. The Ellison family has long maintained ties with Republican President Donald Trump, who said Skydance would be “a great company.”
Paramount completes $110 billion Warner Bros takeover, creating Hollywood powerhouse
Economy