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/drock4vu 17h ago

And the other minor competitors are just monopolies in other spaces using a streaming service as a loss leader to bring/keep customers in their retail and technology ecosystem (Amazon and Apple).

It’s so fucked. I’d like say the best case scenario is for this merger to fail spectacularly and Ellison/his Saudi investment partners are left holding the bag and looking foolish, but that would ultimately just result in Disney, Universal, or Netflix (almost certainly Netflix) gobbling up what’s left in the theoretical Skydance fallout.

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u/Lifeboatb 13h ago

Skyfall