The combined company will trade on the NYSE under the new ticker SKYD.
In one of the largest media consolidations in history, Paramount Skydance has officially completed its blockbuster $110 billion takeover of Warner Bros Discovery. The historic deal creates an unmatched Hollywood powerhouse, handing absolute control of major global streaming, theatrical, and broadcasting assets directly to CEO David Ellison. The strategic move aims to thoroughly restructure the traditional media landscape, establishing a highly resilient platform capable of directly challenging tech-backed streaming giants.
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