Paramount and Warner Bros are now one Hollywood giant: Skydance. Here's how we got here

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Paramount's $81 billion merger with Warner Bros. Discovery creates a media giant, bringing two of America’s oldest moviemaking studios together.

CHICAGO — It’s official: Skydance-owned Paramount has closed its $81 billion takeover of Warner Bros. Discovery.

The companies completed the deal on Tuesday, ushering in a new Hollywood giant with the now shorter “Skydance” nametag. The merger brings two of America’s oldest moviemaking studios together. And HBO Max, titles ranging from “Harry Potter” to “Sinners” and even netwo...

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