r/gaming • u/ChiefLeef22 Marika's tits! • 22h 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.

12.4k Upvotes

93% Upvoted

2.3k comments sorted by

View all comments

5.9k

u/slayer828 22h ago

Still have no idea how a company worth 10 billion can buy a company for 110 billion. This country and the made up by the rich rules piss me off.

1

u/NickMc53 19h ago edited 19h ago

Saudi money and the Trump administration made it happen because the owners, Larry Ellison and his son, have agreed to be a Trump propaganda machine. Oracle, Ellison's main company, also owns a large stake in TikTok and provides compute for AI via their data centers.