Skydance Closes Warner Bros Takeover
Paramount closed its roughly $110 billion Warner Bros. Discovery takeover; the merged company is Skydance.
A stronger Hollywood or too few owners?
Paramount closed its roughly $110 billion Warner Bros. Discovery takeover; the merged company is Skydance.
A stronger Hollywood or too few owners?
David Ellison receives a $150 million payout on completion of the Warner Bros. takeover, Democracy Now reported; his father, Oracle co-founder Larry Ellison, is a major investor in Skydance.
Debt is the one Skydance division Fitch reviewed on day one: nearly $90 billion, downgraded to BB, which is junk in a nicer font.
Larry Ellison is the reason a $110 billion takeover can still be described as a family business.
HBO Max now shares a parent with Paramount+, like two rival gyms bought by one guy who swears he'll keep both open.
Editorial independence was pledged at Skydance's first town hall, a few sentences from 'a good relationship with this administration.'
Layoffs at Skydance were confirmed for the near future on the same day the CEO's $150 million arrived in the present.
Warner Bros. moved in with Paramount this week, and the first thing they shared was nearly $90 billion of debt.
CNN's first question for its new owner was whether he'd back it against the President, asked in the tone of someone checking the lease.