Paramount and Warner Bros merger creates entertainment giant

Summarised from 2 outlets · Updated 6 Oct, 11:24 · Archive

Paramount and Warner Bros have completed a merger to form a new company called Skydance.

Paramount and Warner Bros have completed their merger to create Skydance, a new parent company combining Paramount+, HBO Max and some of the world's most valuable film and television franchises. The $111bn deal has survived court challenges, public protests and regulatory scrutiny.

Analysts have warned that streaming customers are likely to face further price rises after the merger. A spokesperson said it was 'hard to imagine' that there would be no price increases following the combination of the two Hollywood giants.

How it is being reported

• ‘Hard to imagine’ no price hikes after Paramount Warner Bros mega mergerCity AM · 6 Oct, 11:14
• New Hollywood era begins with an epic mega merger between Paramount and Warner Bros.NPR · 6 Oct, 10:00

In this story: Paramount · Warner Bros · Skydance · HBO Max · Paramount+

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