Paramount and Warner Bros. Discovery to Merge Into Skydance (SKYD). Will Skydance Achieve David Ellison’s “Quality Storytelling” Vision?
Hollywood history is about to be made. Paramount Skydance (NASDAQ:PSKY) and Warner Bros. Discovery (NASDAQ:WBD) , two of Hollywood's most venerable studios, are about to combine, as Paramount outbid Netflix for one of the industry's biggest prizes. After a settlement between the combining companies and several attorneys general was cleared by a judge, the merger is now set to close next Tuesday, Oct. 6. Continue reading