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Paramount closes historic $110B deal for Warner Bros. Discovery to create Skydance

Paramount Skydance on Tuesday closed its deal to acquire Warner Bros. Discovery, ending a dramatic, yearlong process that rattled Hollywood, Wall Street and Washington. Why it matters: The deal creates one of the largest entertainment behemoths in the world and makes David Ellison — a lesser-known…

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  1. 2026-10-06 16:26 · Axios AI+
    Paramount closes historic $110B deal for Warner Bros. Discovery to create Skydance

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