What changed in this update
Polls are showing that Democrats have a clear advantage heading into the midterms, but that doesn't tell the whole story. And, today, a mega merger between Paramount and Warner Bros. is set to close.
Event intelligence
Paramount-Warner Bros. Discovery merger
2 connected story threads
Current state
Paramount has completed its roughly $110 billion acquisition of Warner Bros. Discovery, and the combined company is now operating and trading as Skydance.
Grounded in 5 reports across 5 sources
What changed
Skydance began trading on Wall Street after Paramount closed its acquisition of Warner Bros. Discovery.
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Source coverage
Source reports
NPR
Dems have edge in midterms, poll shows. And, Paramount-Warner Bros. merger to close
Polls are showing that Democrats have a clear advantage heading into the midterms, but that doesn't tell the whole story. And, today, a mega merger between Paramount and Warner Bros. is set to close.
Al Jazeera
CNN, CBS News now under one roof as Paramount-Warner Bros merger closes
The newly combined company is called Skydance and began trading on Wall Street on Tuesday.
PBS
After tumultuous fight, Paramount completes takeover of Warner Bros to become Hollywood giant Skydance
The deal, which followed a tumultuous, roughly yearlong fight, further concentrates power in an industry already run by just a handful of major players.
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Sky News – World Sky
Paramount completes $81bn takeover of Warner Bros Discovery
Skydance-owned Paramount has completed its $81bn (£61bn) takeover of Warner Bros Discovery - bringing together the two media giants under a combined company.
France 24
Paramount completes takeover of Warner Bros, creating media behemoth Skydance
Paramount completed its acquisition of Warner Bros Discover on Tuesday, after a bidding war against Netflix. The deal closed following federal approval of a settlement between Paramount and 12 US states that tried to block the transaction on antitrust grounds. Opponents in the movie industry warned of job cuts, while media groups said Warner-owned CNN's independence could be compromised.
CBS
Paramount closes $110 billion deal to acquire Warner Bros. Discovery
The merger unites two major movie studios, news operations CBS News and CNN and cable networks including Comedy Central and TNT.
DW
Paramount and Warner Bros merge into one Hollywood giant
Paramount has completed an $81 billion purchase of Warner Bros. Discovery, as its owner Skydance creates a new entertainment behemoth. Billionaire David Ellison's hostile takeover bid defeated rival efforts from Netflix.
BBC News – Business BBC
From films to streaming prices - how the Warner Bros deal could affect you
The deal is expected to alter the entertainment and news industries but could it mean higher prices for consumers?
BBC News – Business BBC
Paramount takes over Warner Bros in $110bn Hollywood merger
The merger of two of Hollywood's biggest movie studios comes after months of legal disputes and concern over competition.
NYTimes – Business NYT
Paramount Closes Its Deal for Warner Bros. Discovery
After a legal battle, Paramount has finally acquired Warner Bros. Discovery. The new company, Skydance, combines Hollywood studios, streaming services and cable networks.
NPR – US NPR
New Hollywood era begins with an epic mega merger between Paramount and Warner Bros.
The Paramount and Warner Bros. merger has survived court challenges, public protests and regulatory scrutiny. Now, the Hollywood heavyweight, named Skydance, begins operating.
NYTimes – Business NYT
5 Challenges David Ellison Faces as Warner Bros. Discovery and Paramount Merge
The tech scion has given his combination of Warner Bros. Discovery and Paramount a new name: Skydance. Now he must make tough decisions about news, movies, streaming, sports and debt.
