Paramount and Warner Bros are now one Hollywood giant: Skydance. Here's how we got here

It's official: Skydance-owned Paramount has closed its $81 billion takeover of Warner Bros. Discovery.

Paramount and Warner Bros are now one Hollywood giant: Skydance. Here's how we got here

TL;DR

  • Skydance-owned Paramount has finalized its acquisition of Warner Bros. Discovery.
  • The takeover is valued at $81 billion.
  • This represents a major consolidation within the media industry.