How was the battle for Warner Bros. Discovery
Media called the upcoming merger of Paramount Skydance and Warner Bros. Discovery (WBD) is the largest merger in Hollywood history and the birth of a media colossus – a deal worth more than $110 billion (including debt) is close to completion. On September 21, the last major obstacle was removed: 12 state attorneys general and the union withdrew the lawsuit demanding to block the agreement. Paramount Skydance shareholder David Ellison is set to complete the formalities by October 1.
Media called the upcoming merger of Paramount Skydance and Warner Bros. Discovery (WBD) is the largest merger in Hollywood history and the birth of a media colossus – a deal worth more than $110 billion (including debt) is close to completion. On September 21, the last major obstacle was removed: 12 state attorneys general and the union withdrew the lawsuit demanding to block the agreement. Paramount Skydance shareholder David Ellison is set to complete the formalities by October 1.
