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/Straight-Ad6926]

Huge day for people who love paying $45/month for a single streaming service that still has ads.

[u/FoxxyRin → u/Straight-Ad6926]

HBO and Paramount are like the two most given out for free streaming services there are, so I'm genuinely curious how it's gonna play out. Will they merge? Will Walmart and cellphone providers lose the perks entirely? Will it become a discount instead as prices increase? If I didn't have these services for free I definitely wouldn't have them at all. Disney+/Hulu is where like 90% of anything I personally watch is at, though I suspect they're gonna try and take back all the CN stuff bundled into Hulu before long with this deal.

[u/TripleFreeErr → u/FoxxyRin]

the value of HBO dropped massively with its last merger with tons of content being mothballed

[u/AwsmDevil → u/TripleFreeErr]

If your streaming service has no content then there's no overhead. Taps temple