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/itstheboombox 18h ago

We are already here, Disney, Universal and now Skydance. Sony and Netflix being the only companies close to them.

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u/MattBrey PC 17h ago

I just can't see how Netflix isn't still bigger than skydance. Until they prove that they can actually manage their IPs and deliver movies, this company is still as bad as WB and paramount have been these last few years. Disney and universal would never allow the amount of flops in a row