Paramount merges with Warner Bros., creating Skydance media empire
Paramount finally completed its acquisition of Warner Bros. on Tuesday, after months of delays stemming from a prolonged bidding war and a short-lived legal battle.
TL;DR
- Paramount has completed its acquisition of Warner Bros.
- The deal faced several months of delays caused by a prolonged bidding war and a short legal battle.
- The combined company will be named Skydance.
- Skydance, founded by David Ellison 20 years ago, has evolved from a small Hollywood production company into a large media empire.