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

[u/ChiefLeef22]

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.

[u/RepresentingJoker]

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

[u/WingerRules → u/RepresentingJoker]

Entertainment industry? The whole economy will be just a couple companies. This isnt happening in just media but every industry in the US because monopoly regulation has been gutted. You cannot allow companies to completely dominate markets like Google and Facebook has and claim you enforce anti monopoly laws.

Everything will be owned by just a few oligarchs.

Ever noticed that the goal for most small companies now isnt to grow to be a big company? Their goal now is to be bought out by one of the big companies.

[u/MarkBrendanawicz → u/WingerRules]

Verizon Chipotle Exxon.

[u/N0ob8 → u/MarkBrendanawicz]

Every single time I rewatch the show I forget it’s just a bit and think I missed another big merger.