Paramount acquires Warner Bros. in $110B mega-merger

2 weeks ago

US media conglomerate Paramount Skydance has announced it will acquire Warner Bros. Discovery in a deal valuing the combined company at $110 billion, after beating Netflix in a bruising bidding war. Friday’s agreement ends a five-month saga and creates an entertainment behemoth whose impact on a struggling media landscape — and connections to Donald Trump's White House — will be closely