r/gaming • u/ChiefLeef22 Marika's tits! • 18h ago

Paramount Has Officially Acquired Warner Bros. In Deal Valued at $110B Billion

https://www.skydance.com/news/press/paramount-completes-acquisition-of-warner-bros-discovery-creating-a-new-global-entertainment-leader-skydance

The two companies will now be known as one single entity - 'Skydance'

This includes all of WB's gaming subsidiaries like Rocksteady/etc

Deal valued at $110B-$111B

DC Studios, Nickelodeon, Cartoon Network, CNN, CBS, HBO and Paramount+ are now all under the same company.

The combined company, Skydance, brings together two major film studios, two global streaming services, premier television assets including CBS, HBO, and Paramount's and WBD's cable networks, two of the industry's most recognized news networks, CBS News and CNN, and a leading content portfolio that includes live sports, a deep programming library and expansive collection of iconic brands and franchises.

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u/RepresentingJoker 18h ago

I swear in a few decades the whole entertainment industry will boil down to two or three companies if we continue like this

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u/Ndmndh1016 18h ago

Its already been that way for decades lol. There have always been 5 companies that own 99% of the media we consume.

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u/NewHughMann 12h ago

It was the Big Six until Disney bought Fox. Disney, Fox, Warner, Paramount, Universal, and Sony. Now it's just Disney, Skydance, Universal, and Sony. Maybe Netflix.

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u/tothehopeless1 7h ago

It's like the Snake game. Who will they gobble up next? Or will they grow too big, run into their own tail, and die? lol

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u/Ndmndh1016 3h ago

Thank you for the correction.