Paramount and Warner Bros. Discovery operating under Skydance following completion of $111bn merger
Skydance has completed its $111 billion acquisition of Paramount and Warner Bros. Discovery, forming a new entity that will operate under the Skydance name. CEO David Ellison warned of "difficult decisions" and "impacts" during the integration process, aiming for over $6 billion in synergy savings. The company also launched Paramount Game Studio by merging Skydance Interactive and Skydance New Media, and now owns numerous game development studios and intellectual properties.
- Entities
- Person: Dan Prigg
- Company: Skydance Interactive
- Company: TT Games
- Game: Batman: Arkham
- Company: WB Games San Diego
- Game: Hogwarts Legacy
- Company: WB Games Montréal
- Person: David Ellison
- Company: Rocksteady Studios
- Company: WB Games New York
- Company: Skydance Productions
- Company: Avalanche Software
- Company: Lucasfilm
- Game: Star Wars
- Topic: Mergers and Acquisitions
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