Tag: $Skydance

Paramount-Warner Bros. Discovery closes after nearly yearlong battle, paving way for Skydance

The $110 billion merger of Paramount Skydance (PSKY) and Warner Bros. Discovery (WBD) closed on Tuesday after Supreme Court Justice Elena Kagan denied a last-minute effort to halt the deal.

Paramount agrees to merge with Skydance

Paramount Global will merge with Skydance, capping off a months-long negotiation that included various twists and turns, and will see the Redstone family step away from control of the storied movie studio and media company.