TechThe Next Webabout 2 hours ago
Paramount Closes Warner Bros Deal as Skydance
3 min read
Paramount completed its purchase of Warner Bros. Discovery on Tuesday, renaming the combined company Skydance. Warner Bros. Discovery shareholders received about $31.02 a share in cash. The deal includes assets like HBO Max and CNN, with a target of at least $6bn in annual cost savings within three years.
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