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Skydance now leads Paramount and Warner Bros. Discovery post-$111bn merger
Paramount has finalized its $111 billion acquisition of Warner Bros. Discovery, with both entities now operating under the Skydance banner. Skydance CEO David Ellison indicated that the integration will necessitate difficult adjustments but assured that the process will not hinder the development of a next-generation media and entertainment enterprise. Co-CEO Ynon Kreiz highlighted that the merged company will explore opportunities in gaming and interactive experiences, while Skydance aims for over $6 billion in cost synergies.
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